Lianhua Supermarket Sells Entire Stake in Subsidiary Yangpu Century Lianhua

Reuters
2025.11.19 13:38
portai
I'm PortAI, I can summarize articles.

Lianhua Supermarket Holdings Co. Ltd. announced the sale of its entire stake in subsidiary Yangpu Century Lianhua to Shanghai Dongran, pending approval at an extraordinary general meeting. The transaction may involve a continuing connected transaction related to an Entrustment Management Agreement. Some directors abstained from voting due to conflicts of interest. The original announcement was published on November 19, 2025.

Lianhua Supermarket Holdings Co. Ltd. has disclosed the disposal of its entire equity interest in Yangpu Century Lianhua by its wholly-owned subsidiary, Century Lianhua Development, to Shanghai Dongran. The transaction is subject to approval at an extraordinary general meeting. The announcement also notes the possibility of a continuing connected transaction in relation to an Entrustment Management Agreement. Certain directors have abstained from voting on the matter due to potential conflicts of interest. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Lianhua Supermarket Holdings Co. Ltd. published the original content used to generate this news brief on November 19, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here