Lancang Ancient Tea (stock code: 6911) announced that it will hold an extraordinary shareholders' meeting on August 7, 2024 to discuss issues including changing the use of income, replacing auditors, and revising the company's articles of association. The company proposes to redistribute part of the net income of approximately RMB 106.6 million to the Mountain Spring Ancient Fermentation Project and operating capital, in order to improve the production capacity and supply capacity of ripe tea and meet market demand in the post-epidemic era. In addition, the company proposes to replace the auditors. Kaiyuan Xinde will replace PwC to improve audit cost-effectiveness. The proposal to amend the articles of association is to comply with regulatory requirements and the actual situation of the company. Shareholders will vote on these proposals at the extraordinary shareholders' meeting.

Lancang Ancient Tea (stock code: 6911) announced that it will hold an extraordinary shareholders' meeting on August 7, 2024 to discuss issues including changing the use of income, replacing auditors, and revising the company's articles of association. The company proposes to redistribute part of the net income of approximately RMB 106.6 million to the Mountain Spring Ancient Fermentation Project and operating capital, in order to improve the production capacity and supply capacity of ripe tea and meet market demand in the post-epidemic era. In addition, the company proposes to replace the auditors. Kaiyuan Xinde will replace PwC to improve audit cost-effectiveness. The proposal to amend the articles of association is to comply with regulatory requirements and the actual situation of the company. Shareholders will vote on these proposals at the extraordinary shareholders' meeting.