Group 1 - The company, Youbao Online, has entered into a placement agreement to issue up to 157.5 million shares at a price of HKD 2.45 per share to at least six institutional professional investors [1] - The shares to be placed represent approximately 19.96% of the issued H shares as of the announcement date and about 18.94% of the total issued shares [1] - The total expected fundraising amount is approximately HKD 386 million, with a net amount of about HKD 383 million [1] Group 2 - The net proceeds from the fundraising will be allocated as follows: 20% for product development, 20% for offline channel expansion, 30% for the purchase of fixed assets (such as vending machines), and 30% for working capital and general corporate purposes [1] - The company's board believes that this placement will enhance the group's financial position, expand the shareholder base, optimize the capital structure, and support sustainable development [1]

Core Viewpoint - Youbiao Online (2429.HK) plans to place up to 157.5 million new H-shares, representing approximately 16.64% of the enlarged issued H-shares and about 15.93% of the total issued shares, at a price of HKD 2.45 per share, which is a discount of about 16.95% compared to the closing price of HKD 2.95 last Friday, aiming to raise HKD 386 million [1] Fund Utilization - Approximately 20% of the net proceeds, estimated at HKD 383 million, will be used for the development of proprietary intellectual property-based products [1] - About 20% will support the expansion of offline sales channels for proprietary intellectual property-based products [1] - Approximately 30% will be allocated for the acquisition of fixed assets [1] - The remaining 30% will be used for working capital and other general corporate purposes [1]

Core Viewpoint - The company, Youbao Online, announced a placement agreement on September 21, 2025, to issue up to 157.5 million shares at a price of HKD 2.45 per share, representing a discount of approximately 16.95% from the closing price on the same day [1] Group 1 - The estimated net proceeds from the placement are approximately HKD 383.18 million [1] - Approximately 20% of the proceeds will be used for the development of proprietary intellectual property-based products [1] - Approximately 20% will support the expansion of offline sales channels for proprietary intellectual property-based products [1] - Approximately 30% will be allocated for the purchase of fixed assets, including vending machines for the anticipated sales of proprietary intellectual property-based products [1] - Approximately 30% will be used for working capital and other general corporate purposes [1]

Core Viewpoint - The company, Youbao Online (02429.HK), has entered into a placement agreement to issue up to 157.5 million shares at a price of HKD 2.45 per share, representing a discount of approximately 16.95% from the closing price of HKD 2.95 on September 19, 2025 [1] Group 1 - The placement shares represent about 19.96% of the issued H shares and approximately 18.94% of the total issued shares as of the announcement date [1] - If all placement shares are fully subscribed, the total proceeds from the placement are expected to be approximately HKD 386 million, with a net amount of about HKD 383 million [2] - The net placement price is estimated to be around HKD 2.43 per share [2] Group 2 - Approximately 20% of the net proceeds will be used for developing proprietary intellectual property-based products [2] - Another 20% of the net proceeds will support the offline sales channel expansion for these products [2] - About 30% of the net proceeds will be allocated for acquiring fixed assets, including vending machines for anticipated sales of proprietary products [2] - The remaining 30% will be used for working capital and other general corporate purposes [2] Group 3 - The board believes that the placement will enhance the group's liquidity and financial position, expand the shareholder base, optimize the capital structure, and support the company's healthy and sustainable development [2]

Core Viewpoint - The company, Youbao Online (02429), has entered into a placement agreement to issue up to 157.5 million shares at a price of HKD 2.45 per share, representing a discount of approximately 16.95% from the closing price of HKD 2.95 on September 19, 2025 [1] Group 1 - The placement shares represent approximately 19.96% of the issued H shares and about 18.94% of the total issued shares as of the announcement date [1] - If all placement shares are fully subscribed, the total proceeds from the placement are expected to be approximately HKD 386 million, with a net amount of about HKD 383 million [2] - The net placement price is estimated to be around HKD 2.43 per share [2] Group 2 - Approximately 20.0% of the net proceeds will be used for the development of proprietary intellectual property-based products [2] - Another 20.0% will support the expansion of offline sales channels for these proprietary products [2] - About 30.0% of the net proceeds will be allocated for the acquisition of fixed assets, including vending machines for anticipated sales of proprietary products [2] - The remaining 30.0% will be used for working capital and other general corporate purposes [2] Group 3 - The board believes that the placement will enhance the group's liquidity and financial position, expand the shareholder base, optimize the capital structure, and support the company's healthy and sustainable development [2]

Group 1 - The company, Youbao Online (02429), has entered into a placement agreement with a placement agent to issue up to 157.5 million shares at a price of HKD 2.45 per share, which represents a discount of approximately 16.95% compared to the closing price of HKD 2.95 on September 19, 2025 [1] - The placement shares represent about 19.96% of the issued H shares and approximately 18.94% of the total issued shares as of the announcement date, and about 16.64% and 15.93% of the total issued H shares and shares, respectively, after the placement [1] Group 2 - If all placement shares are fully subscribed, the total proceeds from the placement are expected to be approximately HKD 386 million, with a net amount of about HKD 383 million [2] - The net proceeds will be allocated as follows: approximately 20% for developing proprietary intellectual property-based products, 20% for supporting offline sales channel expansion, 30% for acquiring fixed assets including vending machines, and 30% for working capital and other general corporate purposes [2] - The board believes that the placement will enhance the company's liquidity and financial position, expand the shareholder base, optimize the capital structure, and support the company's healthy and sustainable development [2]

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不 負 責，對 其 準 確 性 或 完 整 性 亦 不 發 表 任 何 聲 明，並 明 確 表 示，概 不 對 因 本 公 告 全部或任何部份內容而產生或因倚賴該等內容而引致的任何損失承擔任何責 任。 （於 中 華 人 民 共 和 國 註 冊 成 立 的 股 份 有 限 公 司） （股 份 代 號：2429） 根據一般授權配售新H股 獨家配售代理及獨家整體協調人 本公告或其任何副本概不得直接或間接於美國境內或有關刊發或派發屬違法 的 任 何 其 他 司 法 權 區 刊 發 或 派 發。本 公 告 僅 作 參 考 用 途，並 不 構 成 收 購、購 買 或 認 購 本 公 司 任 何 證 券 之 邀 請 或 要 約。 本公告並不構成或組成於美國境內或有關發售屬違法的任何其他司法權區購 買 或 認 購 證 券 的 任 何 要 約 或 邀 請 的 一 部 分。本 公 告 所 述 本 公 司 股 份 並 無 亦 不 會根據1933年美國證券法（經 修 訂）（「美國證券法」）登 記，且 不 得 於 美 國 境 內 提 呈 發 售 或 出 售，惟 根 據 美 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不 負 責，對 其 準 確 性 或 完 整 性 亦 不 發 表 任 何 聲 明，並 明 確 表 示，概 不 對 因 本 公 告 全部或任何部分內容而產生或因倚賴該等內容而引致的任何損失承擔任何責 任。 Beijing UBOX Online Technology Corp. 北京友寶在線科技股份有限公司 （於 中 華 人 民 共 和 國 註 冊 成 立 的 股 份 有 限 公 司） （股 份 代 號：2429） 本公司之H股過戶登記處卓佳證券登記有限公司負責監督非上市股份的投票 程 序，並 受 香 港 證 券 登 記 有 限 公 司（H股 股 份 過 戶 登 記 處）的 委 託，監 督H股的投 票 程 序，並 獲 委 任 為 臨 時 股 東 會 的 投 票 監 票 人。 臨 時 股 東 會 由 董 事 會 主 席 王 濱 先 生 主 持，且 全 體 董 事 均 出 席 了 臨 時 股 東 會。 – 2 – 臨時股東會投票表決結果 於 臨 時 股 東 會 上，通 函 中 所 載 決 議 案 以 投 票 方 式 表 決，表 決 結 果 如 下： | ...

Core Insights - The article highlights the changes in the Hong Kong Stock Connect holdings, with notable increases and decreases in ownership percentages for various companies [1][2]. Group 1: Increased Holdings - Heng Rui Medicine (01276) saw the largest increase in ownership percentage, rising by 1.49% to a total of 13.84% [2]. - Kanglong Chemical (03759) experienced a 1.35% increase, bringing its ownership to 60.51% [2]. - Zhaoyan New Drug (06127) increased by 1.27%, reaching a holding of 43.70% [2]. - Other companies with significant increases include Junshi Biosciences (01877) at +1.24% (59.08%) and China Pacific Insurance (02601) at +1.20% (44.16%) [2]. Group 2: Decreased Holdings - Shandong Molong (00568) had the largest decrease, with a drop of 1.99% to 57.67% [2]. - Yisou Technology (02550) decreased by 0.99%, now holding 37.95% [2]. - Nanjing Panda Electronics (00553) saw a reduction of 0.98%, bringing its ownership to 42.65% [2]. - Other notable decreases include Kailai Ying (06821) at -0.95% (43.35%) and Meizhong Jiahe (02453) at -0.95% (32.06%) [2]. Group 3: Five-Day Changes - In the last five trading days, China Merchants Energy (01138) had the highest increase in ownership, up by 6.19% to 65.63% [3]. - Shandong Molong (00568) also saw a significant increase of 3.74% [3]. - Other companies with notable increases include Zhongchu Innovation (03931) at +3.62% (10.35%) and Youbao Online (02429) at +3.33% (17.38%) [3]. Group 4: Twenty-Day Changes - Over the past twenty days, Anjiren Food (02648) experienced the largest increase, up by 12.29% to 20.54% [4]. - China Merchants Energy (01138) also saw a significant increase of 9.07% [4]. - Other companies with notable increases include Yimai Sunshine (02522) at +7.70% (43.02%) and Lens Technology (06613) at +7.56% (13.64%) [4].

Core Insights - The report highlights significant changes in the Hong Kong Stock Connect holdings, with notable increases and decreases in ownership percentages for various companies [1][2]. Group 1: Companies with Increased Holdings - Shandong Molong (00568) saw the largest increase in holdings, up by 6.46%, bringing its total to 59.66% [2]. - Youbao Online (02429) experienced a 2.74% increase, resulting in a holding of 17.51% [2]. - Goldwind Technology (02208) had a 1.07% increase, with a current holding of 43.66% [2]. - Other notable increases include Ganfeng Lithium (01772) at +0.75% (35.72%), and InnoCare Pharma (01877) at +0.59% (57.84%) [2]. Group 2: Companies with Decreased Holdings - Meizhong Jiahe (02453) had the largest decrease, down by 1.55% to 33.01% [2]. - Longpan Technology (02465) decreased by 1.06%, now holding 46.05% [2]. - Kingsoft Cloud (03896) saw a reduction of 0.98%, with a current holding of 25.82% [2]. - Other significant decreases include Yisou Technology (02550) at -0.39% (38.94%) and Jiangxi Copper (00358) at -0.27% (23.65%) [3]. Group 3: Five-Day Holding Changes - Over the last five trading days, Zhongyuan Shipping (01138) had the highest increase of 7.22%, reaching 65.91% [3]. - Shandong Molong (00568) increased by 5.80% to 59.66% [3]. - Zhongchu Innovation (03931) saw a 4.08% increase, now at 9.79% [3]. - Conversely, Yisou Technology (02550) experienced the largest decrease of 8.93%, now at 38.94% [3]. Group 4: Twenty-Day Holding Changes - In the last twenty days, Anjuke Food (02648) had the highest increase of 12.30%, reaching 19.99% [4]. - Zhongyuan Shipping (01138) also saw a significant increase of 8.90%, now at 65.91% [4]. - Longpan Technology (02465) had a notable decrease of 4.92% [4].