AUSNUTRIA (01717.HK) CEO Ren Zhijian resigns; Shao Jianbo appointed executive director and CEO

NewTimeSpace News: On November 9, 2026, Ausnutria Dairy Corporation Ltd (01717.HK) announced that Ren Zhijian has resigned as executive director, chief executive officer and a member of the remuneration committee with effect from November 9, 2026, due to personal commitments. Ren has confirmed that he has no disagreement with the board and that there are no matters relating to his resignation that need to be brought to the attention of shareholders or the Hong Kong Stock Exchange.

On the same day, Shao Jianbo was appointed executive director and chief executive officer, and a member of the remuneration committee. Shao, aged 49, joined the group in November 2026 and is fully responsible for the group's business strategy, management and operational development. He graduated from Inner Mongolia University, is currently studying for an EMBA at China Europe International Business School, and is a senior engineer.

Before joining the group, Shao worked at Inner Mongolia Yili Industrial Group Co., Ltd. (600887.SH), the company's controlling shareholder, where he began in production and operations management at the liquid milk division, serving as general manager of a production region and quality director, and later as general manager of quality management and senior general manager of corporate affairs at headquarters, with 28 years of service at Yili. Shao has entered into a service agreement with the company for a fixed term of three years from November 9, 2026, under which he will receive no remuneration as an executive director but is entitled to an annual salary of RMB1.0 million and a performance bonus for his roles as chief executive officer and other positions in the group.