Ausnutria Dairy Corporation Ltd. announced that Mr. Wang Wensong will be appointed as the CFO, in substitution of Mr. Wong. Mr. Wang Wensong, aged 39, graduated from Simon Fraser University in Canada in 2008 with a bachelor's degree majoring in Finance and Accounting and graduated from the University of Toronto in 2018 with a Master of Business Administration degree. He is a member of the Chartered Professional Accountants of Canada, the American Institute of Certified Public Accountants, and the Chartered Financial Analyst (CFA) Institute.

Mr. Wang Wensong joined Inner Mongolia Yili Industrial Group Co. Ltd. (a company established under the laws of the PRC, shares of which are listed on the Shanghai Stock Exchange in January 2019 and had been the finance director of financial management department and the head of the mergers and acquisitions department. Prior to that, Mr. Wang Wensong was mainly engaged in accountancy practices and worked for Deloitte and PricewaterhouseCoopers in the PRC and Canada for nearly 10 years.

Mr. Wang Wensong also has extensive experience in financial management.