Beijing Ubox Online Technology Corp. Completes Placement of 157.5 Million New H Shares Under General Mandate

Reuters
2025.09.29 10:13
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Beijing Ubox Online Technology Corp. has completed the placement of 157.5 million new H shares under its general mandate. The shares were successfully placed through a placing agreement, ensuring the company's public float remains at or above 25% of the enlarged share capital. This move aims to strengthen the company's capital base and support future development initiatives.