OneConnect (6638, NYSE: OCFT) and Bo Yu Limited Release Latest Amendment on Privatisation Schedule

Bulletin Express
Nov 20, 2025

Bo Yu Limited and OneConnect Financial Technology Co., Ltd. (Stock Code: 6638, NYSE Ticker: OCFT) jointly announced the filing of the fifth amendment to their Schedule 13E-3 in relation to the proposed privatisation. According to the announcement, the privatisation will be by way of a scheme of arrangement under Section 86 of the Companies Act, with the aim of withdrawing the listing of OneConnect's shares on the Hong Kong Stock Exchange and delisting its American depositary shares from the New York Stock Exchange.

The companies noted that the filing is required because the transaction is classified as a “going private transaction” under Rule 13e-3 of the U.S. Securities Exchange Act of 1934. The fifth amendment to the Schedule 13E-3 encompasses updates regarding the effective date of the scheme, the dates relating to the withdrawal of the listing on the Stock Exchange and the delisting of the ADSs on the NYSE, and the final cash payment arrangements under the scheme.

The announcement reiterates that investors can access copies of all amendments to the Schedule 13E-3 through the websites of the U.S. Securities and Exchange Commission and OneConnect’s investor relations portal. According to OneConnect’s statement, all relevant documents and details are available for review, consistent with regulatory requirements.

No additional information was provided regarding future company strategies following the privatisation. The board of directors of Bo Yu Limited, Ping An Group, and OneConnect each confirmed responsibility for the accuracy of their respective disclosures, stating that there are no facts omitted that would render any statements in the announcement misleading.

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