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Ordinary Shares (Tables)

12 Months Ended

Dec. 31, 2023

Ordinary Shares

Schedule of activities of the Group's Class A ordinary shares and Class B ordinary shares

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Total of Class A ordinary

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shares and Class B ordinary

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Class A ordinary shares

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Class B ordinary shares

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shares

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(US$0.00005 par value)

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(US$0.00005 par value)

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(US$0.00005 par value)

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Number of

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Number of

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Number of

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shares issued

Amount

shares issued

Amount

shares issued

Amount

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US$

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US$

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US$

Balance as of December 31, 2021

491,846,560

25

79,400,000

4

571,246,560

29

Issuance of ordinary shares upon the Dual Primary Listing at par value

7,300,000

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—

—

7,300,000

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Balance as of December 31, 2022

499,146,560

25

79,400,000

4

578,546,560

29

Cancellation of Treasury

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(3,953,961)

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—

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—

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(3,953,961)

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Conversion of Class B ordinary shares to Class A ordinary shares

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9,194,700

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(9,194,700)

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-

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Balance as of December 31, 2023

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504,387,299

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25

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70,205,300

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4

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574,592,599

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29

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- References

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- Definition

Tabular disclosure of an entity's stock, including par or stated value per share, number and dollar amount of share subscriptions, shares authorized, shares issued, shares outstanding, number and dollar amount of shares held in an employee trust, dividend per share, total dividends, share conversion features, par value plus additional paid in capital, the value of treasury stock and other information necessary to a fair presentation, and EPS information. Stock by class includes common, convertible, and preferred stocks which are not redeemable or redeemable solely at the option of the issuer. Includes preferred stock with redemption features that are solely within the control of the issuer and mandatorily redeemable stock if redemption is required to occur only upon liquidation or termination of the reporting entity. If more than one issue is outstanding, state the title of each issue and the corresponding dollar amount; dollar amount of any shares subscribed but unissued and the deduction of subscriptions receivable there from; number of shares authorized, issued, and outstanding.

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