Yunji to implement 1-to-400 ADS ratio change

Yunji announced that it plans to change the ratio of its American Depositary Shares, or ADSs, to its Class A ordinary shares, par value $0.000005 per share, from the current ADS Ratio of one ADSs to 100 Class A ordinary shares to a new ADS Ratio of one ADS to 400 Class A ordinary shares. A post-effective amendment to the ADS Registration Statement on Form F-6 will be filed with the SEC to reflect the change in the ADS Ratio. The company anticipates that the change in the ADS Ratio will be effective on or about September 13, subject to the effectiveness of the post-effective amendment to the ADS Registration Statement on Form F-6 on or before that date.