Lianhua Supermarket Discloses EGM Voting Results on Equity Transfer and Disposal
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Lianhua Supermarket Holdings Co. announced the voting results of its extraordinary general meeting held on December 18, 2025, in Shanghai. Shareholders voted on an ordinary resolution concerning Equity Transfer Agreements and a disposal transaction. Controlling shareholder Bailian Group abstained from voting, leaving 605.73 million shares eligible for the ordinary resolution. The process was procedurally compliant, clarifying governance around the disposal and equity transfer. The latest analyst rating for Lianhua's stock is a Hold with a HK$0.50 price target.
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