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ULES Share (02649): Jianbang Cen Appointed as Joint Company Secretary, Agent for Legal Proceedings, and Alternate Authorized Representative
ULES Shared (02649) announced that, effective from May 15, 2026: Mr. Wu Dongcheng has resigned as the company's joint company secretary, agent for legal proceedings documents, and alternate authorized representative; Mr. Cen Jianbang has been appointed as the company's joint company secretary, agent for legal proceedings documents, and alternate authorized representative.
ULE Share (02649) received resumption guidelines from the Stock Exchange.
ULES Shareco (02649) announced that on April 23, 2026, the company received a letter from the Stock Exchange, which outlined the following resumption guidelines (Resumption Guidelines) for the trading of the company’s H-shares:
From 'Super Purchase King' to a 50% plunge in stock price leading to a trading halt! Youlesai Shared's massive pre-IPO transfers under investigation.
Youlesai Sharing (02649), the most oversubscribed stock on the Hong Kong Main Board in the first quarter of this year, was suspended from trading in less than a month after its listing! On March 30, Youlesai Sharing announced the trading suspension, and the next day issued another announcement stating that the publication of its 2025 financial results would be delayed and trading would remain suspended. The reason is that the company had a transfer of 73 million yuan before its IPO prospectus, and the auditor has formally requested the audit committee under the board of directors to conduct an independent investigation into the details of the matter and whether the related transactions comply with the listing rules, with the participation of external professional institutions. This has also led to a delay in the release of the company's 2025 financial results. Why is the verification of this transfer so important?
Technology and the new economy take center stage as Hong Kong's IPO fundraising hits a five-year high in Q1.
In the first quarter, Hong Kong's IPO market delivered an impressive performance with 'HKD 100 billion in financing,' marking the highest quarterly figure since the second quarter of 2021. Wind data shows that as of March 31, a total of 40 companies completed their IPOs in the Hong Kong stock market, representing a year-on-year increase of 150%. The total amount raised was close to HKD 110 billion, reflecting a year-on-year surge of 489%. These figures highlight the attractiveness and fundraising capabilities of the Hong Kong stock market. 'A+H' companies became the core driving force behind the fundraising efforts in the first quarter. Among the 40 newly listed companies on the Hong Kong stock exchange, 15 were dual-listed enterprises in both 'A+H' markets. Furthermore, among the top 10 companies by financing scale, there were even more...
ULES Shared (02649) delays the release of its 2025 annual results.
Youlesai Shared (02649) announced that the company and the board's audit committee are currently and will continue to work closely with the auditor to provide the necessary information and documents as required, and to maintain proactive communication with the auditor in order to resolve all outstanding issues and complete the audit of the annual results as soon as possible. The anticipated publication date of the annual results needs to be further agreed upon with the auditor, and the company will issue a separate announcement at an appropriate time.
ALSCO POOLING: INSIDE INFORMATION(1) DELAY IN PUBLICATION OF ANNUAL RESULTS FOR THE YEARENDED DECEMBER 31, 2025;(2) POSTPONEMENT OF THE BOARD MEETING;(3) CONTINUED SUSPENSION OF TRADING