HK Stock Market Move | YUNJI(02670) rose by another 5% at the close, recently applied for full circulation of H shares, the company is committed to building a globally leading service intelligent entity ecosystem.

YUNJI (02670) rose by another 5% in the last trading session, as of the time of writing, it has increased by 4.49% to HKD 125.6, with a turnover of HKD 1405.98 million. On the news front, YUNJI Technology announced that the company had submitted an application to the China Securities Regulatory Commission on November 18, regarding the conversion of all its domestically unlisted shares into H shares of the company. Upon obtaining all relevant approvals and compliance with all applicable laws, regulations, and rules, these unlisted shares will be converted into H shares, and the company will apply for approval for these H shares to be listed and traded on the Main Board of the Hong Kong Stock Exchange. Public information shows that YUNJI is committed to building a globally leading service intelligent body ecosystem, with more than 30,000 hotels, hospitals, factories, apartments, buildings and other scenes worldwide, covering countries and regions such as the Middle East, America, Korea, Japan, and Thailand. During the whole year of 2024, the company's Siasun Robot & Automation intelligent body completed over 500 million services. In 2023, YUNJI Technology pioneered the compound intelligent form "composite polymorphic Siasun Robot & Automation-UP", which is a compound type Siasun Robot & Automation that can use tools, understand task assignments, and collaborate in groups, selected as one of the first batch of "comprehensive 5G application solution providers" by the Ministry of Industry and Information Technology.