00980.HK
Lianhua Supermarket Holdings Co., Ltd.
HKSE · Consumer Cyclical · Department Stores · CN
HKD 0.35
+6.06%Aug 28, 2026, 13:56 UTC
Bailian Group disclosed a draft report on terminating the entrusted management of major assets, marking a key stage in the restructuring; after completion, its management relationship with Lianhua Supermarket will change from controlling to participating, while its equity interest remains unchanged.
Aug 13, 2026, 07:35 UTC
Bailian Co., Ltd. announced it is planning to terminate the entrusted management of Lianhua Supermarket shares held by its controlling shareholder Bailian Group, which would reduce its voting rights in Lianhua from 56.66% to 15.15% and deconsolidate Lianhua from its financial statements.
Source:Jul 31, 2026, 09:22 UTC
Lianhua Supermarket expects to report a net loss of RMB 180 million to RMB 220 million for the six months ending June 30, 2026, compared to a profit of RMB 42.246 million in the same period last year.
Source:Jul 13, 2026, 08:25 UTC
Bailian Shares plans to terminate the entrusted management of Lianhua Supermarket shares held by its controlling shareholder Bailian Group, which will reduce its voting rights and deconsolidate Lianhua Supermarket.