Youbao Online (02429.HK) has submitted an application for implementing full circulation of H shares and has received a filing notice from the China Securities Regulatory Commission.

Wisdom Financial News APP News, Youbao Online (02429.HK) announced that on June 28, 2026, the company received a formal filing notice from the China Securities Regulatory Commission regarding its application for full circulation of H shares (Notification). Based on this, the company has completed the filing with the China Securities Regulatory Commission for the conversion of a total of 40.6719 million shares of domestic shares held by one shareholder into 40.6719 million H shares on a one-to-one basis. The 40.6719 million H shares will be listed and traded on the main board of the Hong Kong Stock Exchange after the completion of the conversion and the approval for listing granted by the Hong Kong Stock Exchange. The notification is valid for 12 months from the date of approval by the China Securities Regulatory Commission (i.e. June 28, 2026).