HK Stock Movement | YUNJI (02670) Rises Another 5% in Late Trading After Applying for H-Share Full Circulation; Company Aims to Build a Globally Leading Service Agent Ecosystem

Stock News
11/20

YUNJI (02670) surged another 5% in late trading, closing up 4.49% at HK$125.6 with a turnover of HK$14.06 million. The company announced on November 18 that it had submitted an application to the China Securities Regulatory Commission (CSRC) to convert all its domestic unlisted shares into H-shares. Upon obtaining all necessary approvals and complying with applicable laws and regulations, these unlisted shares will be converted into H-shares, and the company will apply for their listing and trading on the Main Board of the Hong Kong Stock Exchange.

Public information shows that YUNJI is committed to building a globally leading service agent ecosystem, with deployments in over 30,000 hotels, hospitals, factories, apartments, and buildings worldwide, covering regions such as the Middle East, the Americas, South Korea, Japan, and Thailand. In 2024, the company's robotic agents completed more than 500 million service tasks.

In 2023, YUNJI pioneered a new form of embodied intelligent robots—the "Composite Polymorphic Robot-UP"—a collaborative robot capable of using tools, understanding task assignments, and working in groups. It was selected as one of the first "Comprehensive 5G Application Solution Providers" by the Ministry of Industry and Information Technology (MIIT).

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