Group 1 - The core point of the article is that Tianji Holdings (stock code: 1520) announced a financing plan through the placement of new shares, with a maximum expected net proceeds of approximately HKD 79.92 million [1] - The financing will be managed by Wan Hai Securities (Hong Kong) Limited [1] - The company primarily engages in apparel business, loan financing, and intellectual property (IP) application and product business [1] Group 2 - Approximately HKD 38 million of the proceeds will be allocated for business development, including sports IP new consumption business and the construction of an IP new consumption supply chain platform [1] - About HKD 39.42 million will be used for general working capital, including salaries, existing business purposes, repayment of payables, professional fees, office expenses, and reserves for other uses [1] - The issuance is based on a general authorization granted by the shareholders' meeting, but the expected completion date has not been mentioned in the announcement [1]