Group 1 - The company has entered into an agreement to sell tungsten bars for a total consideration of HKD 150 million, which will be settled through the issuance of 400 million shares at an issue price of HKD 0.375 per share [1] - Tungsten is a critical rare metal widely used in advanced industries such as semiconductors, aerospace, and renewable energy, with increasing demand for high-purity tungsten products [1] - The board believes that the market demand for tungsten will continue to grow strongly in the near future, and the sale of tungsten will diversify the company's mineral portfolio and enhance its resilience in the evolving global supply chain [1] Group 2 - The acquisition is seen as a good opportunity to expand the company's business activities into adjacent markets, leveraging the existing rare earth business [2] - The board believes that the acquisition will diversify the company's revenue sources and strengthen its supply chain, thereby improving overall performance [2] - The structure of the acquisition aligns the interests of the seller and the company, paving the way for potential strategic cooperation and improved operational efficiency through shared resources and customer networks [2]