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Pu’er Lancang Ancient Tea Co., Ltd. ( (HK:6911) ) has shared an update.
Pu’er Lancang Ancient Tea Co., Ltd. has announced its intention to adopt China Accounting Standards for Business Enterprises for preparing its financial reports starting from the year ending December 31, 2025. This move is aimed at improving operational efficiency and is not expected to materially affect the company’s financial position or operations. Additionally, the company has proposed a change of auditors from SHINEWING (HK) CPA Limited to Da Hua Certified Public Accountants, citing cost-effectiveness and audit quality as key reasons for the change. The proposed changes are subject to shareholder approval at the upcoming extraordinary general meeting.
The most recent analyst rating on (HK:6911) stock is a Hold with a HK$3.00 price target. To see the full list of analyst forecasts on Pu’er Lancang Ancient Tea Co., Ltd. stock, see the HK:6911 Stock Forecast page.
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, primarily operating in the tea industry. The company is listed on the Hong Kong Stock Exchange and focuses on the production and sale of ancient tea products.
Average Trading Volume: 14,282
Technical Sentiment Signal: Sell
Current Market Cap: HK$149.9M
For a thorough assessment of 6911 stock, go to TipRanks’ Stock Analysis page.