---
title: "Lianhua Supermarket Discloses EGM Voting Results on Equity Transfer and Disposal"
description: "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 Equit"
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/270159234.md"
published_at: "2025-12-18T12:39:08.000Z"
---

# Lianhua Supermarket Discloses EGM Voting Results on Equity Transfer and Disposal

> 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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The latest announcement is out from Lianhua Supermarket Holdings Co ( (HK:0980) ).

Lianhua Supermarket Holdings Co., Ltd. announced the voting results of its extraordinary general meeting held in Shanghai on 18 December 2025, convened in accordance with PRC Company Law and the company’s articles of association, where most board members, including chairman Pu Shao-hua, were in attendance. At the meeting, shareholders voted on an ordinary resolution related to Equity Transfer Agreements and a disposal transaction, with controlling shareholder Bailian Group, Shanghai Bailian and their concert parties, who collectively hold about 59.06% of Lianhua’s issued share capital, abstaining from voting as required, leaving 605.73 million shares eligible to vote on the ordinary resolution and 1.48 billion on the special resolution; no other shareholders were required to abstain or vote only against the resolutions, indicating a procedurally compliant approval process that clarifies governance around the disposal and related equity transfer arrangements.

The most recent analyst rating on (HK:0980) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Lianhua Supermarket Holdings Co stock, see the HK:0980 Stock Forecast page.

**More about Lianhua Supermarket Holdings Co**

Lianhua Supermarket Holdings Co., Ltd. is a PRC-incorporated joint stock limited company listed in Hong Kong and engaged in the retail supermarket and hypermarket sector, operating chain stores that serve mass-market consumers across mainland China.

**Average Trading Volume:** 192,834

**Technical Sentiment Signal:** Strong Sell

**Current Market Cap:** HK$532.7M

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> **Disclaimer**: This article is for reference only and does not constitute any investment advice.