Baidu, Inc 6-K, filed Jun 9, 2023
Baidu, Inc. (BIDU)
About this 6-K
Baidu, Inc filed this 6-K on June 9, 2023.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of June 2023
Commission File Number: 000-51469
BAIDU, INC.
Baidu Campus
No. 10 Shangdi 10th Street
Haidian District, Beijing 100085
The People’s Republic of China
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F ☒ Form 40-F ☐
Exhibit 99.1 — Voluntary Announcement – Launch of RMB Counter
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| BAIDU, INC. | ||||
| By | : | /s/ Rong Luo | ||
| Name | : | Rong Luo | ||
| Title | : | Chief Financial Officer | ||
Date: June 9, 2023
Exhibit 99.1
Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.
Under our weighted voting rights structure, our share capital comprises Class A ordinary shares and Class B ordinary shares. Each Class A ordinary share entitles the holder to exercise one vote, and each Class B ordinary share entitles the holder to exercise 10 votes, respectively, on all matters subject to the vote at general meetings of the Company. Shareholders and prospective investors should be aware of the potential risks of investing in a company with a weighted voting rights structure. Our American depositary shares, each representing eight of our Class A ordinary shares, are listed on Nasdaq in the United States under the symbol BIDU.
Baidu, Inc.
百度集團股份有限公司
(A company controlled through weighted voting rights and incorporated in the Cayman Islands with limited liability)
(Stock Code: 9888)
LAUNCH OF RMB COUNTER
Reference is made to the announcement of Baidu, Inc. (the “Company”) dated March 31, 2023 in relation to the application for addition of a RMB counter (the “Announcement”). Unless otherwise stated, capitalized terms used herein shall have the same meanings as those defined in the Announcement.
The Company is pleased to announce that the launch of its RMB counter will be effective on June 19, 2023 (the “Effective Date”). From the Effective Date, the Company will become a security with counters denominated in HKD and RMB and designated by the Stock Exchange as dual counter security in accordance with the Rules of the Exchange. The details of the Company’s HKD and RMB counters are as follow:
| HKD Counter: | RMB Counter: | |||||
| Stock code | : 09888 |
Stock code | : 89888 | |||
| Stock short name | : BIDU-SW |
Stock short name | : BIDU-SWR | |||
| (English) | (English) | |||||
| Stock short name |
: 百度集團 -SW |
Stock short name |
: 百度集團-SWR | |||
| (Chinese) | (Chinese) | |||||
| Board lot size | : 50 ordinary shares |
Board lot size | : 50 ordinary shares |
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Shareholders of the Company and potential investors are advised to exercise caution when dealing in the shares of the Company.
| By order of the Board |
| Baidu, Inc. |
| Mr. Robin Yanhong Li |
| Chairman of the Board and Chief Executive Officer |
Hong Kong, June 9, 2023
As at the date of this announcement, the board of directors of the Company comprises Mr. Robin Yanhong Li as director, and Mr. James Ding, Mr. Brent Callinicos, Mr. Yuanqing Yang and Mr. Jixun Foo as independent directors.
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