Group 1 - The company announced a subscription agreement with investors to issue a total of 10 million shares at a subscription price of HKD 2.00 per share, representing a discount of approximately 2.44% to the closing price on the stock exchange [1] - The subscription shares will account for approximately 28.72% of the company's existing issued share capital and about 22.31% of the enlarged issued share capital after the subscription [1] - The investors involved are independent third parties, with one being a company registered in the British Virgin Islands primarily engaged in investment and advisory services, and another involved in import and export trade [1] Group 2 - The total amount raised from the subscription is HKD 20 million, with a net amount of approximately HKD 19.72 million [2] - As of June 30, 2025, the company's total liabilities exceeded its total assets by approximately HKD 59.55 million, indicating a potential liquidity risk if sufficient funds are not obtained [2] - The board believes that the subscription will help reduce the company's debt-to-asset ratio and enhance overall financial stability [2]