Yunfeng Finance allocates 191 million new shares to expand shareholder base and market liquidity

According to Wu Said, Yunfeng Finance announced that it would allocate and issue a total of 191 million new shares in a way that was old first and then new, with an allotment price of HK$6.1 per share, raising approximately HK$1.17 billion. The allocation aims to expand the company's shareholders and capital base and increase the liquidity of the company's shares in the market. The amount of funds collected will be used for the group's system facilities upgrade, talent recruitment and related capital needs, including the launch of virtual asset trading services and virtual asset-related investment management services.