Pu'er Lancang Ancient Tea to Adopt China Accounting Standards
Pu'er Lancang Ancient Tea Co. Ltd. has announced that it will adopt the China Accounting Standards for Business Enterprises (CASBE) for preparing its financial accounting reports starting with the annual report for the year ending 31 December 2025. The company's board believes this change will improve working efficiency and is in the best interests of both the company and its shareholders. The board also stated that this transition will not have any material effect on the company's financial position, results of operations, or cash flow for 2025 and beyond. A detailed circular regarding this and other proposed changes, including a change of auditors, will be published ahead of the upcoming extraordinary general meeting.
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. Pu'er Lancang Ancient Tea Co. Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20251208-11948606), on December 08, 2025, and is solely responsible for the information contained therein.
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