Core Points - New Quality Digital Technology (stock code: 2322) announced a placement of new shares to raise approximately HKD 300 million, with net proceeds expected to be around HKD 290 million after expenses [1] - The placement involves issuing 300 million shares at a price of HKD 0.10, representing a discount of about 16.7% to the last closing price of HKD 0.12 and a discount of approximately 17.5% to the average closing price over the past five trading days [1] - The newly issued shares will account for approximately 7.3% of the existing issued share capital and about 6.8% of the enlarged share capital post-placement [1] Company Overview - New Quality Digital Technology primarily engages in commodity trading, lending and factoring services, financial leasing, and securities brokerage [1] - The net proceeds from the placement will be utilized for the company's general working capital [1] - The issuance is conducted under a general mandate granted by the shareholders and is expected to be completed by December 2025 [1]