Summary by Moomoo AI
Shenzhen Yubei Technology Co., Ltd. (“Premium Choice”) announced on 7 April 2024 that the Board of Directors has reviewed and approved the proposed full circulation of H shares. The move will result in the conversion of 187,127,361 equity shares into H shares and the application for listing on the main board of the Hong Kong Stock Exchange Limited (the “Exchange”). The proposal is subject to shareholder approval at the Extraordinary General Meeting and subject to the relevant approval of the China Securities and Exchange Commission. At present, the relevant conditions have not been met and the company has not yet submitted a filing application to the China Securities and Exchange Commission. Premier Select will convene an Interim General Meeting for shareholders to consider and approve the proposed Full Circulation of H Shares and related mandates. The Company will announce the progress of the full circulation of H Shares as required.