China Feihe (06186.HK) announced that its cooperation with Japan Hiap Hoe fermentation is only for technical exchange, without involving the import of raw materials and the use of formulas.

The company stated that regarding the technical cooperation intention reached between China Feihe and Japan Hiap Hoe Fermentation, they have noticed a large amount of false statements online about Feihe importing Japanese raw materials, maliciously misleading consumers, and causing serious negative impacts on China Feihe's brand reputation.

The company has reported to the public security authorities, and the police have initiated an investigation. Feihe will retain the right to hold the relevant responsible parties accountable for the dissemination and reproduction of the aforementioned infringement and false contents.