Summary by Futu AI
Shenzhen U-Best Technology Co., Ltd. ("U-Best") has submitted an application for the full circulation of H shares to the China Securities Regulatory Commission on September 18, 2024. This follows the further development after the company announced on September 2, 2024 its intention to implement the full circulation of 35,201,371 domestic shares of H shares. Currently, the detailed implementation plan for the full circulation of H shares and the filing procedures with the China Securities Regulatory Commission have not been finalized. U-Best will follow relevant insider trading regulations and listing rules, and will make further announcements on the progress of the full circulation of H shares. Shareholders and prospective investors should exercise caution when trading shares.