tiprankstipranks
Trending News
More News >

Pu’er Lancang Ancient Tea Co., Ltd. Approves Resolution Amid Trading Suspension

Story Highlights

Confident Investing Starts Here:

The latest announcement is out from Pu’er Lancang Ancient Tea Co., Ltd. ( (HK:6911) ).

Pu’er Lancang Ancient Tea Co., Ltd. held its 2025 Second Extraordinary General Meeting (EGM) on 30 May 2025, where a resolution regarding the change in use of proceeds was unanimously approved by shareholders. The meeting saw participation from shareholders holding 71.12% of the company’s issued share capital. Despite the successful resolution, trading of the company’s shares remains suspended on the Hong Kong Stock Exchange until the publication of its 2024 annual results, with stakeholders advised to exercise caution.

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

Pu’er Lancang Ancient Tea Co., Ltd. is a joint stock company incorporated in the People’s Republic of China, operating in the tea industry. The company focuses on producing and distributing tea products, with a significant market presence in both domestic and international markets.

Average Trading Volume: 15,338

Technical Sentiment Signal: Sell

Current Market Cap: HK$96.07M

For detailed information about 6911 stock, go to TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1