Zhitong Finance App News, Lancang Ancient Tea (06911.HK) issued an announcement. On April 16, 2022, Ms. Du Chunyi (Ms. Du) and Ms. Wang Juan (Ms. Wang) signed the “Concerted Action Agreement on Collaborative Decisions on Pu'er Lancang Ancient Tea Co., Ltd.” (Concerted Action Agreement). Ms. Du and Ms. Wang confirmed (including) that they have jointly controlled the company since 2012 and agreed to take concerted action on matters considered by the company's board of directors and shareholders' meetings, including before exercising proposals and voting rights at the board of directors and general meetings Full consultation and agreement was reached. If they fail to reach an agreement on any matter to be voted on, they shall use the opinions supported by the party that was the chairman of the Company at the time as an agreed plan of action for both parties and exercise their right to vote accordingly. The concerted action agreement also replaced the original concerted action agreement between Ms Du and Ms Wang on February 18, 2018.

Zhitong Finance App News, Lancang Ancient Tea (06911.HK) issued an announcement. On April 16, 2022, Ms. Du Chunyi (Ms. Du) and Ms. Wang Juan (Ms. Wang) signed the “Concerted Action Agreement on Collaborative Decisions on Pu'er Lancang Ancient Tea Co., Ltd.” (Concerted Action Agreement). Ms. Du and Ms. Wang confirmed (including) that they have jointly controlled the company since 2012 and agreed to take concerted action on matters considered by the company's board of directors and shareholders' meetings, including before exercising proposals and voting rights at the board of directors and general meetings Full consultation and agreement was reached. If they fail to reach an agreement on any matter to be voted on, they shall use the opinions supported by the party that was the chairman of the Company at the time as an agreed plan of action for both parties and exercise their right to vote accordingly. The concerted action agreement also replaced the original concerted action agreement between Ms Du and Ms Wang on February 18, 2018.