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[Hong Kong Stock Connect] Youbao Online (02429) surged intraday and triggered the market regulation mechanism to implement full circulation of H shares
Jinwu Financial News | Youbao Online (02429) had a short-term surge in early trading, which once triggered the market adjustment mechanism to enter a cooling-off period. As of press release, it was tentatively reported at HK$16.82, up 9.94%, with a turnover of HK$4.979,500. The company announced that on May 23, 2024, the board of directors reviewed and approved the proposal to implement full circulation of H shares, that is, to convert the company's 65.113 million 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 regulations, 65.113 million domestic shares will be converted to H shares
Youbao Online (02429.HK) proposes to implement full circulation of H shares
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
Youbao Online (02429): Wang Bin, Yu Lizhi and Cui Yan were re-elected as executive directors
Youbao Online (02429) issued an announcement. After the annual shareholders' meeting, Mr. Wang Bin (Mr. Wang), Mr. Yu Lizhi (Mr. Yu), and Ms. Cui Yan (Ms. Cui) were each re-elected as executive directors for the 4th board of directors.
友寶在線:年報2023
Anxin International: Target price of HK$25.5 for the “Buy” rating for the first time at Youbao Online (02429)
Anxin International believes that China's unmanned retail industry is in the early stages of development, and there is plenty of room for future development.
Youbao Online (02429.HK)'s total revenue in 2023 was 2.67 billion yuan, up 6.1% year-on-year
Gelonghui, March 26 | Youbao Online (02429.HK) announced that in 2023, the Group recorded total revenue of RMB 2.67 billion, an increase of 6.1% over the previous year; the annual loss attributable to the company's equity holders was RMB 327 million. The loss attributable to the company's owners was RMB 0.43 per share. As of December 31, 2023, the number of Youbao points was 59,721, down 9.8% year on year. The number of point partners (excluding restaurant model partners) was 1,932, up 3.0% year on year, and the number of restaurant model partners was 704, a decrease of 56.5 year on year
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