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友宝在线(02429.HK)建议实行H股全流通

Youbao Online (02429.HK) proposes to implement full circulation of H shares

Gelonghui Finance ·  May 23 07:31

Gelonghui, May 23 | Youbao Online (02429.HK) announced that the board of directors reviewed and approved the proposal to implement full circulation of H shares on May 23, 2024, that is, to convert the company's 65,112,950 unlisted domestic shares (“domestic shares”) into the company's H shares. After obtaining all relevant approvals (including filing with the China Securities Regulatory Commission) and complying with all applicable laws, regulations and rules, 65,112,950 domestic shares will be converted to H shares, and the company will also apply to the Stock Exchange for approval for the listing and trading of these H shares on the main board of the Stock Exchange (“conversion and listing”). According to the company's Articles of Association, there is no need to obtain approval from the shareholders of the company for conversion and listing at the shareholders' meeting.

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