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China Literature Seeks Shareholder Approval to Raise Tencent Advertising Commission Caps for 2026-2028

By Public Technologies
  • China Literature shareholders will vote December 9, 2026, on raising annual caps for advertising commissions from Tencent group.
  • The proposed 2026 cap would rise to RMB 1.1 billion from RMB 850 million.
  • For 2027, the cap would increase to RMB 1.9 billion from RMB 1.01 billion.
  • The 2028 ceiling would rise to RMB 2.2 billion from RMB 1.08 billion.
  • The board recommends voting in favor of the proposal; Tencent and its associates must abstain.


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. China Literature Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20261111-12407913), on November 11, 2026, and is solely responsible for the information contained therein.

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