Western Pastoral: It is estimated that the total amount of feed sales with related parties in 2026 will not exceed 200 million yuan.

Western Pasture announced that its wholly-owned subsidiary, Quan Sheng Pasture, is expected to engage in routine related party transactions with 12 pasture farms including the affiliated person Tianshan Junken's subsidiary Shuangshun Pasture and Tianshan Guanghe's subsidiary in 2026, with a total amount not exceeding 200 million yuan. The main transaction content is feed sales. From January to November 2025, Quan Sheng Pasture has already engaged in feed sales transactions with the above related parties, with a transaction amount of 46.2586 million yuan. The transaction price follows the market fair pricing principle, aiming to ensure the normal production and operation activities of Quan Sheng Pasture and to achieve synergistic effects.