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Lianhua Supermarket’s 2024 AGM Approves Key Operational Agreements

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Lianhua Supermarket’s 2024 AGM Approves Key Operational Agreements

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Lianhua Supermarket Holdings Co ( (HK:0980) ) has issued an update.

Lianhua Supermarket Holdings Co., Ltd. held its annual general meeting for 2024, where key resolutions were voted on, including the approval of the Procurement of Goods Framework Agreement and the Goods Supply Framework Agreement. Bailian Group and its associates, holding a significant portion of the company’s shares, abstained from voting on these resolutions, which were nonetheless passed with a majority of shareholder support. The meeting’s outcomes are crucial for the company’s operational agreements and future strategic direction, impacting its market positioning and stakeholder interests.

More about Lianhua Supermarket Holdings Co

Lianhua Supermarket Holdings Co., Ltd. is a joint stock limited company incorporated in the People’s Republic of China. It operates in the retail industry, focusing on supermarket operations and related services within China. The company is listed on the Hong Kong Stock Exchange and is a significant player in the Chinese retail market.

Average Trading Volume: 289,242

Technical Sentiment Signal: Hold

Current Market Cap: HK$517.9M

See more data about 0980 stock on TipRanks’ Stock Analysis page.

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