Core Viewpoint - The company has received a conversion notice from Shengfa regarding the exercise of convertible bonds, indicating a significant capital restructuring event [1] Group 1: Convertible Bonds and Share Conversion - On October 9, 2025, the company received a notice from Shengfa to exercise the conversion rights attached to its convertible bonds [1] - The conversion involves a principal amount of HKD 8.634 million, which will be converted into 34.536 million shares at a conversion price of HKD 0.25 per share [1] - Following the conversion, the newly issued shares will represent approximately 20.00% of the total shares outstanding immediately prior to the conversion and about 16.67% of the total shares outstanding after the conversion [1]