Bilibili Inc. Announces Results of Annual General Meeting

Rhea-AI Summary

Bilibili (NASDAQ: BILI, HKEX: 9626), a leading video community platform for young generations in China, held its annual general meeting on June 20, 2025, where shareholders approved all proposed resolutions. Key approvals include the re-election of three directors: Ms. Ni Li, Mr. Yi Xu, and Mr. Feng Li. Additionally, the board received authorization for a general mandate to issue and allot additional Class Z ordinary shares, as well as permission to repurchase company shares under specified terms outlined in the AGM Notice dated April 11, 2025.

SHANGHAI, June 20, 2025 (GLOBE NEWSWIRE) -- Bilibili Inc. (“Bilibili” or the “Company”) (Nasdaq: BILI and HKEX: 9626), an iconic brand and a leading video community for young generations in China, today announced that each of the proposed resolutions (the “Proposed Resolutions”) set out in the notice of the annual general meeting dated April 11, 2025 (the “AGM Notice”) has been adopted at its annual general meeting of shareholders held in Shanghai, China today.

After the adoption of the Proposed Resolutions, all corporate authorizations and actions contemplated thereunder are approved, including, among other things, that (i) Ms. Ni Li, Mr. Yi Xu and Mr. Feng Li are re-elected as directors of the Company; and (ii) the directors are granted a general mandate to issue, allot, and deal with additional Class Z ordinary shares or equivalents and a general mandate to repurchase the Company’s own shares on the respective terms and in the respective periods as set out in the AGM Notice.

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.

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

What were the key resolutions approved at Bilibili's (BILI) 2025 AGM?

The key resolutions approved include the re-election of directors Ms. Ni Li, Mr. Yi Xu, and Mr. Feng Li, plus authorization for the board to issue additional Class Z ordinary shares and repurchase company shares.

Who are the directors re-elected to Bilibili's board in 2025?

Three directors were re-elected: Ms. Ni Li, Mr. Yi Xu, and Mr. Feng Li.

What stock issuance powers were granted to Bilibili (BILI) directors?

Directors received a general mandate to issue, allot, and deal with additional Class Z ordinary shares or equivalents, as well as authority to repurchase company shares.

Where is Bilibili (BILI) listed and what is its main business?

Bilibili is dual-listed on NASDAQ (BILI) and Hong Kong Stock Exchange (9626), and operates as a leading video community platform for young generations in China.