SHANGHAI, China, Oct. 02, 2022 (GLOBE NEWSWIRE) — Bilibili Inc. (“Bilibili” or the “Company”) (NASDAQ: BILI and HKEX: 9626), an iconic model and a number one video group for younger generations in China, introduced that the Company’s voluntary conversion of its secondary itemizing standing to major itemizing on the Main Board of The Stock Exchange of Hong Kong Limited (the “Hong Kong Stock Exchange”) grew to become efficient at present. Bilibili is now a dual-primary-listed firm on the Hong Kong Stock Exchange in Hong Kong and the Nasdaq Global Select Market in the United States.
“We believe our conversion from a secondary to a primary listing on the Hong Kong Stock Exchange will further expand our investor base, as well as provide more liquidity for our securities and more flexibility in the capital market,” mentioned Mr. Rui Chen, chairman and chief govt officer of Bilibili. “Moreover, our Class Z ordinary shares listed on the Hong Kong Stock Exchange may soon become eligible for the Mainland-Hong Kong Stock Connect program, which will provide accredited investors in Mainland China access to trade our shares directly.”
The Company’s Class Z bizarre shares listed on the Hong Kong Stock Exchange and the Company’s American depositary shares quoted on the Nasdaq Global Select Market are mutually fungible.
About Bilibili Inc.
Bilibili is an iconic model and a number one video group with a mission to complement the on a regular basis life of younger generations in China. Bilibili presents a wide selection of video-based content material with All the Videos You Like as its worth proposition. Bilibili builds its group round aspiring customers, high-quality content material, gifted content material creators and the sturdy emotional bond amongst them. Bilibili pioneered the “bullet chatting” characteristic, a reside commenting operate that has reworked the viewing expertise by displaying ideas and emotions of different viewers viewing the similar video. It has now develop into the welcoming house of various pursuits for younger generations in China and the frontier to advertise Chinese tradition throughout the world.
For extra info, please go to: http://ir.bilibili.com.
Safe Harbor Statement
This announcement comprises forward-looking statements. These statements are made below the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements might be recognized by terminology akin to “will,” “expects,” “anticipates,” “aims,” “future,” “intends,” “plans,” “believes,” “estimates,” “confident,” “potential,” “continue,” or different related expressions. Statements that aren’t historic info, together with however not restricted to statements about Bilibili’s beliefs and expectations, are forward-looking statements. Forward-looking statements contain inherent dangers and uncertainties. A quantity of elements may trigger precise outcomes to vary materially from these contained in any forward-looking assertion, together with however not restricted to, these included in the Company’s filings with the U.S. Securities and Exchange Commission and The Stock Exchange of Hong Kong Limited. All info offered on this announcement and in the attachments is as of the date of this announcement, and the Company undertakes no obligation to replace such info, besides as required below relevant legislation.
For investor and media inquiries, please contact:
In China:
Bilibili Inc.
Juliet Yang
Tel: +86-21-2509-9255 Ext. 8523
E-mail: [email protected]
The Piacente Group, Inc.
Emilie Wu
Tel: +86-21-6039-8363
E-mail: [email protected]
In the United States:
The Piacente Group, Inc.
Brandi Piacente
Tel: +1-212-481-2050
E-mail: [email protected]
