Core Viewpoint - The recent stock transfer and placement agreement of Ying Sheng Science indicates significant financial activities and capital restructuring within the company, highlighting its strategic focus on debt repayment and operational funding [1] Group 1: Stock Transfer - On September 16, shareholders of Ying Sheng Science transferred shares from Hope Securities to Bank of China (Hong Kong), with a market value of HKD 3.7261 million, accounting for 8.45% of the total shares [1] Group 2: Placement Agreement - On September 11, Ying Sheng Science announced a placement agreement with a placement agent, agreeing to place 30.9515 million new shares at a price of HKD 0.350 per share, representing approximately 16.67% of the enlarged issued share capital post-placement [1] - The total nominal value of the placement shares will be HKD 309,500 [1] - The total proceeds from the placement are estimated to be HKD 10.833 million, with a net amount of approximately HKD 10.32 million after deducting all related expenses [1] Group 3: Use of Proceeds - Approximately 50% of the net proceeds from the placement is intended for loan repayment, while the other 50% is earmarked for the group's working capital and general corporate purposes [1]