Core Viewpoint - The company, Youbao Online (02429), has announced the board's approval for the implementation of full circulation of H-shares, converting 40.6719 million non-listed domestic shares into H-shares [1] Group 1 - The board approved the conversion of 40.6719 million non-listed domestic shares into H-shares on October 20, 2025 [1] - The conversion will occur after obtaining all necessary approvals, including from the China Securities Regulatory Commission, and complying with applicable laws and regulations [1] - The company will apply to the Stock Exchange for the listing and trading of the converted H-shares on the main board [1] Group 2 - According to the company's articles of association, no shareholder approval is required for the conversion and listing of the shares [1]
友宝在线(02429)拟实行H股全流通