Yonyou subsidiary gains approval for full share circulation

Yonyou Network Technology (SSE:600588) announced that its holding subsidiary, UFIDA, has received approval from the China Securities Regulatory Commission (CSRC) to allow its domestic unlisted shares to be fully circulated. The CSRC issued the "《备案通知书》" (Guo He Han [2025] No. 894) confirming the approval. A total of 53,401,211 shares held by 10 shareholders of UFIDA are planned for conversion to offshore listed shares and trading on the Stock Exchange of Hong Kong. This includes 28,135,271 shares directly held by Yonyou, as well as all 13,972,978 shares and 1,006,176 shares held by Yonyou's subsidiaries, UFIDA Information Technology and Beijing UFIDA Happiness Investment Management respectively. UFIDA must complete the share conversion within 12 months of the notice date, and Yonyou advises investors to pay attention to investment risks.