No.

According to Aiqicha’s query,

1. Yili introduced New Zealand's Fonterra Group as its second largest shareholder and formed a strategic partner with it, leveraging Fonterra's global advantages to enhance its international presence. In addition, Yili has also cooperated with Japan's Kikkoman and Yakult in the fields of yogurt and active lactic acid bacteria to strengthen product research and development and enhance brand influence.

2． Mengniu has reached privatization cooperation with overseas institutions such as New Zealand's iShares and the United States' White Mountain Fund to help the company complete its financing goals at a lower cost. In addition, Mengniu also signed a share subscription agreement with the international giant Danone to establish a joint venture to jointly develop the market.

Although Yili and Mengniu have cooperated with Japanese companies in the process of introducing foreign investment, this does not mean that they are Japanese-funded companies. In addition, it is worth noting that in recent years, Mengniu and Yili have continuously increased their domestic presence and actively promoted various cooperation and investment projects.