Sell Meiji's 300 million yuan milk business in China.

On July 21, Meiji Holdings Co., Ltd. announced that it will transfer its dairy products and B2B business in China to Australia Yashoku. The transfer price is 320 million yuan. It is worth noting that Australia Yashoku is a wholly-owned subsidiary of Australia Group, a giant in dairy farming. On the same day, Australia Group confirmed this transaction and revealed that the transaction price includes a basic purchase price of 320 million yuan and an adjustment amount, with a maximum purchase price of 350 million yuan.