Core Viewpoint - The company, Lancang Ancient Tea, anticipates a significant decline in revenue and a shift from profit to loss for the reporting period ending June 30, 2025, primarily due to slow recovery in the consumer market and internal management adjustments [1] Revenue Summary - The expected revenue for the reporting period is projected to be between 117 million to 120 million yuan, representing a year-on-year decrease of approximately 38.5% to 40.0% [1] - The decline in revenue is attributed to the sluggish recovery of the terminal consumer market, which continues to impact the operations and sales of physical stores [1] Profitability Summary - The company anticipates a net loss of approximately 28 million to 32 million yuan for the reporting period, a significant drop from a profit of 5.1 million yuan recorded in the same period ending June 30, 2024 [1] - The board attributes the loss primarily to the decrease in operating income [1] Management and Strategy Summary - The decline in business performance is also linked to management adjustments that required time for transition, alongside resource allocation for evaluating and adjusting the group's operational and management strategies [1]

Core Viewpoint - The company, Lancang Ancient Tea (06911), anticipates a significant decline in revenue and a net loss for the upcoming reporting period ending June 30, 2025, primarily due to slow recovery in the consumer market and internal management adjustments [1] Revenue and Profit Forecast - The company expects revenue to be approximately RMB 117 million to 120 million, representing a year-on-year decrease of about 38.5% to 40.0% [1] - The profit attributable to the company's owners is projected to decline from RMB 5.1 million for the six months ending June 30, 2024, to a net loss of approximately RMB 28 million to 32 million for the reporting period [1] Reasons for Decline - The board attributes the loss in profit to a decrease in operating revenue, which is influenced by the slow recovery of the terminal consumer market affecting the performance of offline retail stores [1] - Additionally, the decline in revenue is compounded by management adjustments that require time for transition, alongside resource allocation for evaluating and adjusting the company's operational and management strategies, which have impacted business development during the reporting period [1]

Core Viewpoint - The company, Lancang Ancient Tea (06911), anticipates a significant decline in revenue and a net loss for the upcoming reporting period ending June 30, 2025, primarily due to slow recovery in the consumer market and internal management adjustments [1] Revenue Summary - The expected revenue for the six months ending June 30, 2025, is projected to be between RMB 117 million and RMB 120 million, representing a year-on-year decrease of approximately 38.5% to 40.0% [1] Profitability Summary - The company expects to report a net loss of approximately RMB 28 million to RMB 32 million for the same period, a decline from a profit of RMB 5.1 million in the previous year [1] Operational Challenges - The decline in revenue is attributed to the slow recovery of the terminal consumer market, which continues to impact the operations and sales of physical stores [1] - Additionally, the management adjustments within the company have led to transitional delays, affecting the development of business operations during the reporting period [1]

此乃要件 請即處理 閣下如對本通函任何方面或應採取的行動有任何疑問，應諮詢股票經紀或其他持牌證券交易商、銀行經 理、律師、專業會計師或其他專業顧問。 閣下如已將名下所有普洱瀾滄古茶股份有限公司的股份售出或轉讓，應立即將本通函連同隨附的代表委任 表格交予買家或受讓人或經手買賣或轉讓的銀行、股票經紀或其他代理人，以便轉交買家或受讓人。 香港交易及結算所有限公司及香港聯合交易所有限公司對本通函的內容概不負責，對其準確性或完整性亦 不發表任何聲明，並明確表示，概不對因本通函全部或任何部分內容而產生或因倚賴該等內容而引致的任 何損失承擔任何責任。 PU'ER LANCANG ANCIENT TEA CO., LTD. 普洱瀾滄古茶股份有限公司 （於中華人民共和國註冊成立的股份有限公司） （股份代號：6911） 本公司謹訂於二零二五年九月一日（星期一）上午九時正假座中國雲南省普洱市瀾滄拉祜族自治縣勐 朗鎮縣城西郊溫泉社區平掌路舉行年度股東大會，召開大會的通告載於本通函第27至29頁。隨函亦 附奉年度股東大會適用的代表委任表格。該代表委任表格亦刊載於香港交易及結算所有限公司網站 ( www.hkexnews.hk )及本公 ...

Core Viewpoint - The company, Lancang Ancient Tea (06911.HK), anticipates a significant decline in revenue and a shift from profit to loss for the reporting period ending June 30, 2025, primarily due to slow recovery in the consumer market and internal management adjustments [1] Financial Performance - The expected revenue for the reporting period is approximately RMB 117 million to RMB 120 million, representing a year-on-year decrease of about 38.5% to 40.0% [1] - The net profit attributable to the company's owners is projected to decline from RMB 5.1 million for the six months ending June 30, 2024, to a net loss of approximately RMB 28 million to RMB 32 million for the current reporting period [1] Operational Challenges - The decline in revenue is attributed to the slow recovery of the terminal consumer market, which continues to impact the operations and sales of physical stores [1] - Internal management adjustments have led to transitional delays, and resources have been allocated to evaluate and adjust the company's operational and management strategies, affecting business development during the reporting period [1]

年度股東大會通告 香港交易及結算所有限公司及香港聯合交易所有限公司對本通告的內容概不負責，對其準確性或完整性亦 不發表任何聲明，並明確表示，概不對因本通告全部或任何部份內容而產生或因倚賴該等內容而引致的任 何損失承擔任何責任。 PU'ER LANCANG ANCIENT TEA CO., LTD. 普洱瀾滄古茶股份有限公司 （於中華人民共和國註冊成立的股份有限公司） （股份代號：6911） 茲通告普洱瀾滄古茶股份有限公司（「本公司」）將於二零二五年九月一日（星期 一）上午九時正假座中國雲南省普洱市瀾滄拉祜族自治縣勐朗鎮縣城西郊溫泉社區平掌 路舉行年度股東大會（「年度股東大會」），以審議及酌情批准以下決議案。除另有說明 外，本通告所用詞彙與本公司日期為二零二五年八月八日的通函（「通函」）所界定者具 有相同涵義： 普通決議案 – 1 – 1. 審議及批准本公司二零二四年董事會報告。 2. 審議及批准本公司二零二四年監事會報告。 3. 審議及批准本公司二零二四年年度報告。 4. 審議及批准本公司二零二四年年度利潤分配方案。 5. 審議及批准本公司二零二四年財務決算報告。 6. 審議及批准本公司二零二五年財務預算報告 ...

PU'ER LANCANG ANCIENT TEA CO., LTD. 普洱瀾滄古茶股份有限公司 （於中華人民共和國註冊成立的股份有限公司） （股份代號：6911） 本人╱吾等 （附註1） 地址為 為普洱瀾滄古茶股份有限公司（「本公司」）每股人民幣1.00元H股╱內資股（「股份」） （附註2） 股的登記持有人，茲委任本公司年度股東大會（「大會」）主席或 （附註1） 地址為 適用於二零二五年九月一日（星期一）舉行之年度股東大會的代表委任表格 為本人╱吾等的受委代表，代表本人╱吾等出席本公司謹訂於二零二五年九月一日（星期一）上午九時正假座中國雲南省普洱市瀾 滄拉祜族自治縣勐朗鎮縣城西郊溫泉社區平掌路舉行的大會或其任何續會，以考慮並酌情通過召開大會通告所載的決議案，並按下 列指示 （附註4） 以本人╱吾等名義代表本人╱吾等就於大會及其任何續會上提呈的決議案投票 （附註4） 。 除另有說明外，本代表委任表格所用詞彙與本公司日期為二零二五年八月八日的通函（「通函」）所界定者具有相同涵義。 | | 普通決議案 | 贊成 （附註4） | 反對 （附註4） | 棄權 （附註4） | | --- | --- | --- | - ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性或完整性亦不發表 任何聲明，並明確表示，概不對因本公告全部或任何部份內容而產生或因倚賴該等內容而引致的任何損失承擔任 何責任。 PU'ER LANCANG ANCIENT TEA CO., LTD. 普洱瀾滄古茶股份有限公司 （於中華人民共和國註冊成立的股份有限公司） （股份代號：6911） 盈利預警 本公告乃普洱瀾滄古茶股份有限公司（「本公司」，連同其附屬公司統稱為「本集團」）根據香港 聯合交易所有限公司證券上市規則（「上市規則」）第13.09條及證券及期貨條例（香港法例第571 章）第XIVA部項下的內幕消息條文（定義見上市規則）而作出。 本公司董事（「董事」）會（「董事會」）謹此知會本公司股東（「股東」）及潛在投資者，根據對本集 團截至二零二五年六月三十日止六個月（「報告期」）的未經審核綜合管理賬目的初步評估及董事 會目前所得資料，預期本集團報告期將錄得收入約人民幣117百萬元至120百萬元，同比減少約 38.5%至40.0%；錄得本公司擁有人應佔溢利由二零二四年六月三十日止六個月的人民幣5.1百 萬元下降至報告期內的約人 ...

FF301 股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2025年7月31日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 普洱瀾滄古茶股份有限公司 (於中華人民共和國註冊成立的股份有限公司) 呈交日期: 2025年8月6日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | H | | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 06911 | 說明 | H 股 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 31,500,000 | RMB | | 1 | RMB | | 31,500,000 | | 增加 / 減少 (-) | | | | | | | RMB | | | | 本月底結存 | | | 31,500,000 | RMB | | 1 | RMB | | 31, ...

Core Viewpoint - The company, Lancang Ancient Tea, reported a significant financial downturn in its 2024 annual report, with a loss of 308 million yuan and a 31.48% drop in revenue compared to the previous year, primarily due to channel losses and increased competition [1][2]. Group 1: Financial Performance - In 2024, Lancang Ancient Tea achieved revenue of 361 million yuan, a substantial decrease of 31.48%, resulting in a loss that wiped out the profits of the previous three years [2]. - The company's gross margin fell from 67% to 52% due to aggressive discounting and promotional strategies [4]. Group 2: Channel Challenges - The company heavily relied on offline channels, which contributed 72% of its revenue before the listing, but has faced significant challenges as online channels have rapidly emerged, disrupting traditional sales models [3]. - The shift in consumer behavior towards online shopping has negatively impacted the performance of physical stores, leading to a 52.3% decrease in revenue from distributors and an 18.1% drop from direct sales [4]. Group 3: Inventory and Financial Risks - Lancang Ancient Tea's inventory has increased from 470 million yuan in 2020 to 903 million yuan in 2024, now accounting for 67% of total assets, with inventory turnover days rising from 1,326 to 1,811 days [7]. - The company is experiencing cash flow issues, with a net outflow of 108 million yuan from operating activities and a significant increase in short-term debt, totaling 231 million yuan [7]. Group 4: Management Changes - Following the poor financial performance, shareholders proposed a management change, leading to the resignation of the previous CEO, Wang Juan, and the appointment of Zhou Xinzong as the new CEO [8]. - The new management is expected to address the company's challenges and lead the transformation efforts [9].