Yonyou(SH:600588) Shang Hai Zheng Quan Bao·2025-12-29 18:41Core Viewpoint - The company is in the process of applying for the public issuance of H-shares and listing on the Hong Kong Stock Exchange, with the application submitted on June 27, 2025, and updated on December 29, 2025 [1][2]. Group 1: Issuance and Listing Progress - The company has submitted its application for the issuance of H-shares to the Hong Kong Stock Exchange and published the application materials on the same day [1]. - An update to the issuance application, including company information and financial data, was submitted to the Hong Kong Stock Exchange on December 29, 2025 [1]. - The application materials are prepared in accordance with the requirements of the Hong Kong Stock Exchange and the Hong Kong Securities and Futures Commission, and may be updated or revised [1]. Group 2: Investor Information - The issuance and listing are limited to qualified overseas investors and domestic qualified investors under Chinese laws, and the application materials will not be published on domestic exchanges [2]. - A link to the application materials on the Hong Kong Stock Exchange website is provided for domestic investors to access relevant information [2]. Group 3: Regulatory Approval - The issuance and listing are subject to approvals from the Hong Kong Securities and Futures Commission, the Hong Kong Stock Exchange, and the China Securities Regulatory Commission, indicating uncertainty in the process [3]. - The company will fulfill its information disclosure obligations in accordance with the progress of these approvals [3].