Lanzhou Zhuangyuan Pasture Co., Ltd.* 1533 2019 12 31 12 31 2019 2018 813,554 657,732 253,899 212,337 51,321 63,533 (1) 0.27 0.34 5.50 6.80 2018 12 31 23.69% 2018 12 31 19.57% 2018 12 31 19.22% (1) –1– 2019 12 31 2019 12 31 2019 1 1 2018 12 31 413,742 403,091 403,091 20,412 200 200 29,649 36,474 36,474 16,185 13,352 13,352 17,694 12,860 12,860 94,832 88,921 88,921 17,595 2,732 2,732 610,110 557,630 557,630 44 44 44 1,247,639 924,350 939,221 59,188 37,670 37,670 360,095 270,304 270,304 43,437 53,238 90,609 74,720 74,720 9,971 58,691 58,691 7,138 5,832 8,122 6,644 7,437 7,437 57,852 94,270 94,270 1,882,617 1,526,557 1,490,480 2,492,727 2,084,186 2,048,109 –2– 2019 12 31 2019 1 1 2018 12 31 315,184 437,359 437,359 283,014 30,545 30,545 228,221 164,947 164,947 16,470 26,619 26,619 2,621 3,137 3,137 7,504 43,115 43,115 50,725 41,232 41,232 56,249 28,382 28,382 959,987 775,336 775,336 227,327 39,568 39,568 30,946 38,078 2,361 515 371 11 39,518 40,129 40,129 9,027 6,298 6,298 307,332 124,443 88,366 1,267,320 899,779 863,702 190,681 187,340 187,340 531,119 508,791 508,791 23,251 43,387 37,194 37,194 483,471 451,082 451,082 1,225,407 1,184,407 1,184,407 1,225,407 1,184,407 1,184,407 2,492,727 2,084,186 2,048,109 –3– 2019 2018 813,554 657,732 559,656 445,395 6,267 5,009 81,584 83,983 77,390 48,711 9,462 4,372 22,201 21,201 20,996 24,136 2,553 3,541 7,372 13,437 (8,823) — (8,823) — 47,252 175 (992) (205) (57,958) (436) (2) 2,637 43,843 64,670 24,828 3,059 3,693 2,545 64,979 65,185 13,657 1,652 51,321 63,533 –4– 2019 12 31 1. 2019 12 31 2019 2019 15 — 622 2. –5– 3 (1) 2018 12 7 21 —— 2018 2018 35 2019 1 1 2019 8 15 2019 1 1 2019 1 1 2019 1 1 A B –6– C 8 —— 5-30 2019 1 1 38,367 2,290 360 35,717 3-5 2019 1 1 14,871 2,361 A 2019 1 1 2018 12 31 924,350 939,221 53,238 — 5,832 8,122 38,078 — — 2,361 371 11 –7– B 2019 1 1 2018 12 31 199,544 205,199 11,058 — 5,402 — C 2019 (283) (9) 795 117 512 108 2018 4.35% 4.90% 6.09% 35,717 2,361 38,078 0 –8– (2) 2019 2019 6 2019 4 30 2019 2019 6 A B C D - - –9– A 2018 12 31 2018 12 31 28,382 33,752 40,129 34,759 — 36,674 — 200 — 36,474 200 — 36,474 — — 195,492 30,545 — 164,947 — 41,232 41,599 — 368 437,359 437,000 39,568 39,559 B 2018 12 31 2018 12 31 3,782 5,308 14,787 13,260 — 23,421 — 200 — 23,221 200 — 23,221 — — 76,861 27,600 — 49,261 — 57,188 57,547 — 359 420,359 420,000 – 10 – 1 (1) 2019 2018 12 31 12 31 30,527 37,287 30,527 37,287 (878) (813) 29,649 36,474 (2) 2019 2018 12 31 12 31 1 29,261 36,031 0-6 29,261 35,939 7-12 — 93 1 2 237 493 2 3 397 106 3 632 555 30,527 37,287 (878) (813) 29,649 36,474 – 11 – (3) 2019 2018 12 31 12 31 813 98 210 715 (44) — (101) — 878 813 2 (1) 12 31 2019 2018 1,380 2,069 6,472 2,839 5,560 5,196 13,412 10,104 14 10 300 6 – 12 – (2) 2019 15,712 155,117 189,266 360,095 3 (1) 2019 2018 12 31 12 31 1 1 213,499 158,659 1-2 2 12,618 3,149 2-3 3 1,106 2,589 3 997 551 228,221 164,947 4 2019 2018 792,315 547,090 631,744 428,573 21,240 12,566 25,988 16,822 813,554 559,656 657,732 445,395 – 13 – 5 2019 2018 19,160 16,954 23,358 23,936 11,875 10,963 2,646 3,135 12,734 6,746 2,324 2,622 2,843 2,371 6,645 17,256 81,584 83,983 6 2019 2018 24,575 14,727 11,162 11,187 7,678 6,839 2,019 2,155 9,267 4,866 4,683 3,391 3,941 1,439 732 519 2,459 1,711 1,375 204 1,477 61 1,258 1,097 2,418 0 4,347 515 77,390 48,711 – 14 – 7 2019 2018 30,738 23,556 32,738 24,136 (2,000) (581) 9,742 — 2,553 (3,541) /( ) 57 (264) 3,702 1,450 22,201 21,201 8 2019 2019 2018 4,210 7,168 4,210 3,162 6,269 3,162 7,372 13,437 7,372 – 15 – 9 2019 2018 1. 26,840 175 10,721 (9,037) 16,119 9,212 2. 20,412 — 20,412 — 47,252 175 10 (1) 2019 2019 200 18 400 23 3,000 25 1,889 1,889 2,000 2,000 112 112 400 400 1,273 1,273 9,274 5,740 – 16 – 2 2018 2019 / 12 31 12 31 22,819 200 1,087 — 21,932 6,876 1,671 — 5,205 4,574 447 — 4,127 5,860 3,400 1,005 — 8,254 40,129 3,600 4,210 — 39,518 11 2019 2018 10,135 (872) 3,523 2,523 13,657 1,652 12 (1) 2019 2018 51,321 63,533 188,509 187,340 / 0.27 0.34 – 17 – (2) 2019 2018 187,340 187,340 2019 84 1,169 188,509 187,340 13 (1) – 18 – 2019 2018 2019 2018 2019 2018 2019 2018 40,936 21,997 772,619 635,735 — — 813,554 657,732 216,971 143,147 — 9,289 (216,971) (152,435) — — 24,501 15,029 52,542 27,848 — — 77,043 42,877 187 477 2,366 3,064 — — 2,553 3,541 3,158 121 17,838 23,435 — — 20,996 23,556 /( ) (10,452) 26,125 75,430 39,059 — — 64,979 65,185 — — 13,657 1,652 — — 13,657 1,652 /( ) (10,452) 26,125 61,773 37,408 — — 51,321 63,533 970,763 732,379 2,189,997 1,866,161 (668,033) (550,431) 2,492,727 2,048,109 775,821 757,550 1,159,532 656,584 (668,033) (550,431) 1,267,320 863,702 57,489 324,822 334,649 234,031 — — 392,138 558,853 – 19 – 2017 2016-2020 2017—2030 2019 GDP 2019 12 31 64% – 20 – (i) (ii) 3 21 2℃ 6℃ 2019 2018 (1) 0.64 0.72 (2) 0.54 0.60 (3) 4.26% 5.50% (4) 2.24% 3.30% (5) 50.84% 42.17% (1) (2) — (3) + 2x100% (4) + 2x100% (5) – 21 – 2019 2018 12 31 12 31 2019 2018 189,266 180,621 155,117 68,662 15,712 21,021 360,095 270,304 2019 2018 5,560 5,196 6,472 2,839 1,380 2,069 13,412 10,104 49,675 2018 27,927 77.87% 2018 5.6 10.9 2019 5.04 10.21 – 22 – 2019 600 20 2019 12 31 765 2018 1,039 – 23 – (GMP) (HACCP) (SSOP) GMP GMP (i) (ii) (iii) (iv) HACCP HACCP HACCP HACCP HACCP SSOP SSOP – 24 – (i) (ii) (iii) (iv) (v) (vi) (1) (2) (3) 300 – 25 – 2019 2018 12 31 2019 2018 49,609 6,136 8,085 27,459 3,922 7,001 193,179 28,368 6,810 229,944 32,052 7,174 279,751 30,399 9,203 170,149 19,488 8,731 255,975 22,416 11,419 199,739 16,551 12,068 778,514 87,319 8,916 627,291 72,013 8,711 10,114 2,051 4,932 1,347 410 3,285 3,687 158 23,309 3,106 137 22,672 792,315 89,528 8,850 631,744 72,560 8,707 2018 12 31 631.7 25.42% 2019 12 31 792.3 – 26 – 2019 2018 % % 29,486 20,123 40.56% 17,536 9,923 36.14% 157,475 35,704 18.48% 170,949 58,995 25.66% 179,377 100,373 35.88% 106,383 63,766 37.48% 170,073 85,902 33.56% 130,727 69,012 34.55% 536,411 242,103 31.10% 425,595 201,696 32.15% 7,521 2,593 25.64% 1,096 251 18.63% 3,158 529 14.34% 1,882 1,224 39.41% 547,090 245,225 30.95% 428,573 203,171 32.16% – 27 – 2019 2018 81,584 83,983 77,390 48,711 158,974 132,694 2018 12 31 132.7 2019 12 31 159.0 2018 12 31 21.2 4.72% 2019 12 31 22.2 2019 12 31 0.64 2018 12 31 0.72 2019 12 31 366 4.35% 6.09% 2019 12 31 227.3 4.75% 5.7% – 28 – 2019 12 31 50.84% 2018 12 31 42.17% 2018 12 31 2019 12 31 2019 12 31 601.7 2018 12 31 339.4 (1) 165.5 2018 12 31 14.3 (2) 346.1 2018 12 31 319.5 (3) 54.8 2018 12 31 5.7 (4) 35.3 2018 12 31 0 (1) 82% 2018 7 26 249,000 82% 2018 9 26 2018 2018 11 1 100% 58,691 – 29 – 82% 48,719 2019 22,333 2020 4.75% 20,412 42,745 2019 (2) 9,239 2018 12 31 2019 12 31 2019 84 3,341 6.96 3,341 19,910 2000 4 2003 – 30 – 2018 600 600 35.70 2018 113.82 149.52 2018 14.5 2019 317.1 2019 2,492.7 12.72% 2019 331.6 2019 2,492.7 13.30% 600 2019 12 31 2019 12 31 922 2018 12 31 907 69.55 2018 49.6 – 31 – 2019 3 11 2019 2019 5 23 2019 2019 6 21 84 334.06 2019 7 9 2019 ( ) 2019 7 12 1. 2. 3. – 32 – 4. 2019 COVID-19 2020 1 COVID-19 COVID-19 2019 12 31 2019 12 31 14 – 33 – 2020 3 10 14 A.2.1 20 10 2019 12 31 2019 6 21 2019 84 3,340,600 A A 6.96 2019 7 12 2019 12 31 – 34 – 2019 12 31 2019 12 31 2019 12 31 5.50 2018 12 31 6.80 10.5 2020 8 31 A H – 35 – 2008 1 1 H 10% H H H 1994 5 13 1994020 1994 7 26 1994440 B H B H H H 2020 5 30 2020 6 29 H H 2020 5 29 H H 2020 5 29 H 338 2 33 3301-04 A A – 36 – 2020 7 8 2020 7 13 H H 2020 7 7 H 338 2 33 3301-04 2020 7 13 2019 12 31 2019 12 31 http://www.lzzhuangyuan.com (http:// www.hkexnews.hk) 2019 12 31 2020 4 23 * – 37 –