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Pu’er Lancang Ancient Tea Co. Announces Major Management Reshuffle

Story Highlights
  • Pu’er Lancang Ancient Tea Co. has announced management changes due to Ms. Wang Juan’s resignation.
  • The company is ensuring stability and governance by adjusting board roles and withdrawing a proposal from the EGM.
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The latest update is out from Pu’er Lancang Ancient Tea Co., Ltd. ( (HK:6911) ).

Pu’er Lancang Ancient Tea Co., Ltd. announced several significant changes to its management and board composition. The resignation of General Manager Ms. Wang Juan, due to personal health reasons, has led to her re-designation as a non-executive director, with Ms. Du Chunyi temporarily assuming the role of general manager. Additionally, changes were made to the composition of the board’s special committees, and a proposal related to Ms. Wang’s removal as an executive director has been withdrawn from the upcoming EGM agenda. These changes reflect the company’s commitment to maintaining stability and governance while seeking a permanent general manager.

More about Pu’er Lancang Ancient Tea Co., Ltd.

Pu’er Lancang Ancient Tea Co., Ltd. is a joint stock company based in the People’s Republic of China, operating in the tea industry. The company is involved in the production and distribution of tea products, with a focus on leveraging its historical and cultural heritage in the tea market.

YTD Price Performance: 0.0%

Average Trading Volume: 40,002

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: HK$158.8M

For a thorough assessment of 6911 stock, go to TipRanks’ Stock Analysis page.

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