On April 28, Mengniu Group released its 2023 Sustainability Report (hereinafter referred to as the "Report"). In 2023, Mengniu firmly implemented the GREEN sustainable development strategy, integrated ESG concepts into the whole process of business decision-making and execution, and drove the green transformation of the entire industry chain. In 2023, Mengniu's MSCI ESG rating continued to climb, rising from A to AA, making it the only comprehensive dairy company in China to receive this rating,