UBOX ONLINE (02429) plans to implement full circulation of H shares.
Youbao Online (02429) has announced that the Board of Directors has reviewed and approved the implementation of H shares on October 20, 2025.
UBOX ONLINE (02429) Announcement: The Board of Directors has approved the proposal to implement the full circulation of H shares on October 20, 2025. This involves converting 40,671,900 non-listed domestic shares of the company into H shares. After obtaining all necessary approvals (including filing with the China Securities Regulatory Commission) and complying with all relevant laws, regulations, and rules, the 40,671,900 domestic shares will be converted into H shares. The company will also apply to the Hong Kong Stock Exchange for approval for the listing and trading of these H shares on the main board. According to the company's Articles of Association, shareholder approval is not required for the conversion and listing.
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