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Pu’er Lancang Ancient Tea Shareholders Approve PRC Accounting Standards and New Auditor

Story Highlights
  • Shareholders approved using China Accounting Standards for future financial reporting.
  • Investors backed appointing Da Hua as auditor, signaling governance continuity and stability.
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Pu’er Lancang Ancient Tea Shareholders Approve PRC Accounting Standards and New Auditor

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Pu’er Lancang Ancient Tea Co., Ltd. ( (HK:6911) ) has issued an announcement.

Pu’er Lancang Ancient Tea Co., Ltd. announced that shareholders at its fourth extraordinary general meeting of 2025, held on 30 December in Yunnan, approved all proposed ordinary resolutions by poll, with approximately 47.57% of the company’s issued share capital represented. Investors voted overwhelmingly in favor of adopting China Accounting Standards for Business Enterprises for the preparation of financial reports and appointing Da Hua Certified Public Accountants (Special General Partnership) as the company’s auditors until the next annual general meeting, reinforcing the company’s alignment with PRC accounting norms and formalizing its external audit oversight. All directors attended the meeting, no shareholders were required to abstain from voting or voted against the resolutions, and the poll was independently scrutinized, underscoring procedural compliance and governance stability for stakeholders.

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 PRC-incorporated joint stock company listed in Hong Kong, operating in the tea industry through a group structure. The company focuses on the production and sale of Pu’er and other ancient teas, serving both domestic mainland China and international markets via its H-share listing, with a shareholder base that includes holders of H Shares and Domestic Shares.

Average Trading Volume: 7,890

Technical Sentiment Signal: Sell

Current Market Cap: HK$141.5M

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

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