Beingmate Baby & Child Food Co LtdCompleted acquisition of Mingyi Dairy, expanding into dairy manufacturing and infant formula.

Beingmate Co., Ltd. has completed the acquisition and delivery of a 100% equity stake in Mingyi Dairy (Qiqihar) Co., Ltd. The target company has been renamed Qiqihar Beingmate Dairy Co., Ltd., obtained a new business license, and been included in the company's consolidated financial statements. On April 26, 2026, the company held a board meeting and approved the acquisition of the 100% stake in Mingyi Dairy held by Mingyi Holdings for 69.91 million yuan using its own funds. The new company has a registered capital of 74.73 million yuan, with Li Kunpeng as its legal representative. Its registered address is in the industrial park of Nianzishan District, Qiqihar City, Heilongjiang Province, and its business scope includes the manufacturing of dairy products, infant formula milk powder using a dry-wet combined process, and food additives.
Beingmate Baby & Child Food Co LtdCompleted acquisition of Mingyi Dairy, expanding into dairy manufacturing and infant formula.
Target company renamed and consolidated, becoming a subsidiary of Beingmate.
Seller of the stake, receiving 69.91 million yuan, but not the focus of the article.