[Bilibili-W (09626) plans to sell US$700 million in convertible senior notes and Tencent subscribes for US$200 million in notes] On September 4, Bilibili-W (09626) announced that the company plans to sell US$700 million in principal amount of convertible senior notes due in 2031; the above-mentioned note offering includes Tencent (through its subsidiaries) subscribing for an aggregate principal amount of US$700 million on the same terms as other investors. US$200 million in notes; secondary placement of Class Z common stock, consisting of approximately US$400 million of existing Class Z common stock held by Tencent (through its subsidiaries) and certain shares borrowed from unaffiliated third parties, concurrently offered to the same class of investors and through the same bookbuilding process and the Company repurchased approximately $100 million of borrowed shares to mitigate the potential dilutive impact upon conversion of the Notes, and $200 million of existing Class Z ordinary shares held by Tencent (through its subsidiaries), in each case at the liquidation price of the secondary placement described above.