E_220160 Lanzhou Monthly Update Ann | 1st Proof |          11-04-2022 (15:54) | (E > C) |        P. 1



Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take
no responsibility for the contents of this announcement, make no representation as to its accuracy
or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising
from or in reliance upon the whole or any part of the contents of this announcement.

This announcement appears for information purposes only and does not constitute an invitation or
offer to acquire, purchase or subscribe for securities of the Company.




                  Lanzhou Zhuangyuan Pasture Co., Ltd.*

             (a joint stock limited liability company incorporated in the People’s Republic of China)
                                             (Stock Code: 1533)

            MONTHLY UPDATE ANNOUNCEMENT PURSUANT TO
                 RULE 3.7 OF THE TAKEOVERS CODE

This announcement is made by Lanzhou Zhuangyuan Pasture Co., Ltd.* (
       ) (the “Company”) pursuant to Rule 3.7 of The Code on Takeovers and Mergers issued by
the Securities and Futures Commission of Hong Kong.

Reference is made to (i) the announcement of the Company dated 17 December 2021 (the
“Announcement ”) in relation to, among other things, the preliminary proposal of a possible
repurchase of all the issued H shares in the share capital of the Company (the “H Shares”) by way
of a voluntary cash offer (the “Possible Share Buy-back”) and if the Possible Share Buy-back
becomes unconditional, the voluntary application for the withdrawal of listing of the H Shares
from The Stock Exchange of Hong Kong Limited, and (ii) the monthly update announcements
of the Company dated 13 January 2022, 11 February 2022 and 11 March 2022. Unless otherwise
specified herein, capitalised terms used herein shall have the same meaning as those used in the
Announcement.

PROGRESS OF THE POSSIBLE SHARE BUY-BACK

As disclosed in the Announcement, in order for the Company to transfer its funds for, amongst
others, financing the Possible Share Buy-back and the payment of professional fees and other
expenses to its account(s) in Hong Kong, the Company will apply for the required registration with
the relevant PRC regulatory authority and provide certain required information of the Possible
Share Buy-back to such authority, and arrange for the transfer of funds.

The Board wishes to update the Shareholders and potential investors that, as at the date of this
announcement, the Company has completed the transfer of funds and is in the course of finalising
the terms of the Possible Share Buy-back.


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MONTHLY UPDATES

In compliance with Rule 3.7 of the Takeovers Code, monthly announcement(s) (including this
announcement) setting out the progress of the Possible Share Buy-back will be made by the
Company until an announcement of a firm intention to make an offer under Rule 3.5 of the
Takeovers Code, or of a decision not to proceed with an offer, is made. Further announcement(s)
will be made by the Company as and when appropriate or required in accordance with the Listing
Rules and/or the Takeovers Code (as the case may be).

There is no assurance that the Possible Share Buy-back mentioned in this announcement
will materialise or eventually be consummated and that the terms of the Possible Share Buy-
back are subject to further consideration by the Company and discussion with its financial
advisor. Shareholders and public investors are urged to exercise extreme caution when
dealing in the securities of the Company.

                                                                    By order of the Board
                                                            Lanzhou Zhuangyuan Pasture Co., Ltd.
                                                                蘭州莊園牧場股份有限公司
                                                                        Yao Gexian
                                                                   Chairman of the Board

Lanzhou, the PRC, 11 April 2022

As at the date of this announcement, the non-independent directors of the Company are Mr. Yao
Gexian, Mr. Lian Enzhong, Mr. Zhang Yu, Mr. Yang Yi, Mr. Ma Hongfu and Ms. Zhang Qianyu;
and the independent directors of the Company are Mr. Wang Haipeng, Mr. Zhang Yubao and Mr.
Sun Jian.

All the directors of the Company jointly and severally accept full responsibility for the accuracy
of information contained in this announcement and confirm, having made all reasonable inquiries,
that to the best of their knowledge, opinions expressed in this announcement have been arrived at
after due and careful consideration and there are no other facts not contained in this announcement,
the omission of which would make any statement in this announcement misleading.




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