China Shengmu says new independent directors not implicated in prior regulatory actions

• China Shengmu Organic Milk issued a supplemental clarification on the appointments of independent directors Li Shengli and Pan Min.
• It said neither was directly involved in the inaccurate disclosures that triggered regulatory actions at AustAsia or Harbin Gloria.
• No sanctions were imposed on either director in those matters, the company noted.
• The board said it sees no suitability concerns under Hong Kong Listing Rules 3.08 and 3.09.
• Separately, it flagged a significant public float shortfall, warning the Stock Exchange could cancel the listing by Feb. 2, 2028.

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 Shengmu Organic Milk 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-20260831-12309726), on August 31, 2026, and is solely responsible for the information contained therein.