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Bilibili Inc. to Hold Annual General Meeting on June 30, 2023

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Bilibili Inc. (NASDAQ: BILI) announced that it will hold its annual general meeting (AGM) on June 30, 2023, in Shanghai. This meeting aims to present and vote on various proposals to shareholders, with the AGM Notice and Circular available on its investor relations website. Shareholders must be registered by May 25, 2023, to participate. The company also filed its annual report on Form 20-F for the fiscal year ending December 31, 2022, with the U.S. SEC, alongside its 2022 Annual Report for Hong Kong purposes, both accessible online. Bilibili continues to position itself as a leading video platform targeting younger generations in China, focusing on diverse content and community engagement.

Positive
  • Bilibili continues to engage its young demographic, emphasizing its role as a leading video community.
  • The AGM scheduled for June 30, 2023, allows shareholders to vote on important proposals.
Negative
  • The AGM requires shareholders to register by May 25, 2023, which may limit participation.
  • The lack of specific financial performance metrics in the PR may raise concerns among investors.

SHANGHAI, China, April 27, 2023 (GLOBE NEWSWIRE) -- Bilibili Inc. (the “Company” or “Bilibili”) (NASDAQ: BILI and HKEX: 9626), an iconic brand and a leading video community for young generations in China, today published a circular (the “AGM Circular”) to provide shareholders with information on the proposals that will be put forward at the Company’s annual general meeting of the shareholders (the “AGM”) for shareholders’ approval and a notice of the AGM (the “AGM Notice”). The AGM will be held at Building 3, Guozheng Center, No. 485 Zhengli Road, Yangpu District, Shanghai, People’s Republic of China on Friday, June 30, 2023 at 4:30 p.m. (Beijing time), to consider and vote on the resolutions set forth in the AGM Notice. The AGM Circular, AGM Notice and form of proxy for the AGM are available on the Company’s investor relations website at https://ir.bilibili.com.

Holders of record of ordinary shares of the Company at the close of business on Thursday, May 25, 2023 (Beijing time) are entitled to attend and vote at the AGM and any adjourned meeting thereof. Holders of the Company’s American depositary shares (the “ADSs”) as of the close of business on Thursday, May 25, 2023 (New York time) who wish to exercise their voting rights for the underlying Class Z ordinary shares of the Company must act through the depositary of the Company’s ADS program, Deutsche Bank Trust Company Americas.

Bilibili has filed its annual report on Form 20-F, including its audited financial statements, for the fiscal year ended December 31, 2022, with the U.S. Securities and Exchange Commission. Bilibili’s Form 20-F can be accessed on the SEC’s website at http://www.sec.gov. The Company has also published its annual report (the “2022 Annual Report”) for Hong Kong purposes pursuant to the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the “HKEX”), which can be accessed on the HKEX’s website at http://www.hkexnews.hk. Both Bilibili’s Form 20-F and 2022 Annual Report can be accessed on the Company’s investor relations website at https://ir.bilibili.com as well.

About Bilibili Inc.

Bilibili is an iconic brand and a leading video community with a mission to enrich the everyday lives of young generations in China. Bilibili offers a wide array of video-based content with All the Videos You Like as its value proposition. Bilibili builds its community around aspiring users, high-quality content, talented content creators and the strong emotional bonds among them. Bilibili pioneered the “bullet chatting” feature, a live comment function that has transformed our users’ viewing experience by displaying the thoughts and feelings of audience members viewing the same video. The Company has now become the welcoming home of diverse interests among young generations in China and the frontier for promoting Chinese culture across the world.

For more information, please visit: http://ir.bilibili.com.

Safe Harbor Statement

This announcement contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “aims,” “future,” “intends,” “plans,” “believes,” “estimates,” “confident,” “potential,” “continue,” or other similar expressions. Statements that are not historical facts, including but not limited to statements about Bilibili’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to, those included in the Company’s filings with the U.S. Securities and Exchange Commission and The Stock Exchange of Hong Kong Limited. All information provided in this announcement and in the attachments is as of the date of this announcement, and the Company undertakes no duty to update such information, except as required under applicable law.

For investor and media inquiries, please contact:

In China:
Bilibili Inc.
Juliet Yang
Tel: +86-21-2509-9255 Ext. 8523
E-mail: ir@bilibili.com 

Piacente Financial Communications
Helen Wu
Tel: +86-10-6508-0677
E-mail: bilibili@tpg-ir.com

In the United States:
Piacente Financial Communications
Brandi Piacente
Tel: +1-212-481-2050
E-mail: bilibili@tpg-ir.com


FAQ

When is Bilibili's annual general meeting scheduled?

Bilibili's annual general meeting is scheduled for June 30, 2023, at 4:30 p.m. Beijing time.

What is the purpose of Bilibili's AGM?

The AGM will consider and vote on various proposals from the AGM Notice.

How can shareholders access Bilibili's AGM Circular and Notice?

Shareholders can find the AGM Circular and Notice on Bilibili's investor relations website.

What reports has Bilibili filed with the U.S. SEC?

Bilibili has filed its annual report on Form 20-F for the fiscal year ending December 31, 2022.

What is Bilibili's stock symbol?

Bilibili's stock symbol is BILI, listed on NASDAQ.

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