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Pu’er Lancang Ancient Tea Proposes Governance Overhaul to Align With New PRC and HK Rules

Story Highlights
  • Pu’er Lancang Ancient Tea plans to amend its Articles of Association to comply with new PRC company law, CSRC guidelines and Hong Kong listing rules.
  • The company will abolish its supervisory committee and update meeting and board procedures, adding hybrid meetings and electronic voting, subject to shareholder approval.
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Pu’er Lancang Ancient Tea Proposes Governance Overhaul to Align With New PRC and HK Rules

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Pu’er Lancang Ancient Tea Co., Ltd. ( (HK:6911) ) just unveiled an update.

Pu’er Lancang Ancient Tea Co., Ltd. has proposed amendments to its Articles of Association to bring its corporate governance framework in line with the newly amended PRC Company Law, the 2025 Guidelines for the Articles of Association of Listed Companies issued by the China Securities Regulatory Commission, and recent changes to the Hong Kong listing rules. Key changes include abolishing the supervisory committee, updating relevant provisions under the latest regulatory guidelines, and formally enabling hybrid general meetings and electronic voting to enhance shareholder participation and governance efficiency. The company will also revise the rules of procedure for shareholders’ general meetings and for the board of directors to align with these constitutional changes and applicable regulations in its listing jurisdiction, with all proposals subject to shareholder approval by special resolution at an upcoming 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 and listed on the Hong Kong Stock Exchange. The group operates in the tea industry, focusing on the production and sale of Pu’er and other ancient teas, and targets both domestic and international capital markets through its Hong Kong listing.

Average Trading Volume: 11,984

Technical Sentiment Signal: Sell

Current Market Cap: HK$141.5M

Learn more about 6911 stock on TipRanks’ Stock Analysis page.

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