Lianhua Supermarket Discloses EGM Voting Results on Equity Transfer and Disposal

The latest announcement is out from Lianhua Supermarket Holdings Co ( (HK:0980) ).

Lianhua Supermarket Holdings Co., Ltd. announced the voting results of its extraordinary general meeting held in Shanghai on 18 December 2025, convened in accordance with PRC Company Law and the company’s articles of association, where most board members, including chairman Pu Shao-hua, were in attendance. At the meeting, shareholders voted on an ordinary resolution related to Equity Transfer Agreements and a disposal transaction, with controlling shareholder Bailian Group, Shanghai Bailian and their concert parties, who collectively hold about 59.06% of Lianhua’s issued share capital, abstaining from voting as required, leaving 605.73 million shares eligible to vote on the ordinary resolution and 1.48 billion on the special resolution; no other shareholders were required to abstain or vote only against the resolutions, indicating a procedurally compliant approval process that clarifies governance around the disposal and related equity transfer arrangements.

The most recent analyst rating on (HK:0980) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Lianhua Supermarket Holdings Co stock, see the HK:0980 Stock Forecast page.

More about Lianhua Supermarket Holdings Co

Lianhua Supermarket Holdings Co., Ltd. is a PRC-incorporated joint stock limited company listed in Hong Kong and engaged in the retail supermarket and hypermarket sector, operating chain stores that serve mass-market consumers across mainland China.

Average Trading Volume: 192,834

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$532.7M

For detailed information about 0980 stock, go to TipRanks’ Stock Analysis page.