Core Viewpoint - 大唐黄金 (08299) has seen a significant increase in stock price, rising over 15% in the afternoon trading session, indicating strong market interest following its recent announcement regarding a new share placement [1] Group 1: Share Placement and Fundraising - The company plans to place 1.039 billion new shares, aiming to raise a net amount of approximately 274 million HKD [1] - Of the raised funds, 70% is earmarked for future acquisitions, about 5% for deep resource exploration and research in collaboration with universities and leading mining companies in Shaanxi Province, and approximately 25% for working capital [1] Group 2: Shareholder Changes - Following the completion of the share placement, Gao Mingqing will become the second-largest shareholder of 大唐黄金 [1] - Gao Mingqing is also the largest shareholder and actual controller of 万国黄金集团 (03939), as well as the chairman of its board [1] Group 3: Market Position and Future Prospects - The company is currently listed on the Hong Kong Growth Enterprise Market but is expected to meet the conditions for a transfer to the main board soon [1] - The anticipated transfer to the main board is likely to attract more investor attention and potentially lead to increased buying activity [1]