Beijing UBOX (2429) Announces Proposed H Share Full Circulation

Bulletin Express10-20

Beijing UBOX Online Technology Corp. (Stock Code: 2429) has announced plans to implement a full circulation of its H shares. According to the announcement, the board approved a proposal on October 20, 2025, to convert 40,671,930 unlisted domestic shares into H shares. Once the conversion is completed, Beijing UBOX Online Technology Corp. intends to apply to the Hong Kong Stock Exchange for listing of these shares on its Main Board.

Under the current plan, the conversion and listing do not require shareholders’ approval. The company has not yet applied to the China Securities Regulatory Commission (CSRC), and details of the conversion plan are still being finalized. The full circulation process will be subject to the necessary procedures and approvals from the CSRC, the Hong Kong Stock Exchange, and other regulatory authorities.

The announcement advises investors and shareholders to exercise caution when dealing in the company’s securities, given that the full circulation and listing processes remain subject to relevant regulatory approvals and filings.

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