China Feihe unit buys Heilongjiang industrial land use rights for RMB 28.4 million

• China Feihe agreed to buy industrial land use rights with an on-site factory in Heilongjiang for RMB 28.4 million.
• Deal signed July 28, 2026 through wholly owned unit Feihe HLJ with Heilongjiang Tengfei Food, controlled by chairman Leng Youbin.
• Asset includes two land parcels totaling 62,735.01 sq m in Kedong County, Qiqihar, with a roughly 6,014.96 sq m production building.
• Price matched an independent valuation of RMB 28.4 million as of Dec. 31, 2025; funding from internal resources.
• Acquisition targets added production and warehousing capacity near existing Heilongjiang facilities to cut logistics costs.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. China Feihe Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260728-12259502), on July 28, 2026, and is solely responsible for the information contained therein.