Core Viewpoint - The company, Zhongshi Min'an (08283), plans to conduct a rights issue, offering 5 new shares for every existing share at a subscription price of HKD 0.35, representing a discount of approximately 23.91% from the last trading price of HKD 0.46. The rights issue aims to raise up to HKD 110 million before expenses, with an estimated net proceeds of approximately HKD 96.97 million if fully subscribed [1][2]. Group 1 - The company intends to allocate approximately HKD 43 million of the net proceeds for developing refined sales and marketing strategies, which includes establishing a research and development team and related capital expenditures for proprietary platforms and AI technology [1] - An estimated HKD 20 million will be reserved for future collaboration or investment opportunities, expected to be utilized by the end of 2026 [1] - The company plans to use approximately HKD 17 million to repay outstanding debts owed to Mr. Wang immediately after the rights issue completion [1] Group 2 - The board proposes to change the trading board lot size from 1,000 shares to 5,000 shares, effective from January 7, 2026 [2] - The company aims to increase its authorized share capital from HKD 20 million (divided into 160 million shares) to HKD 200 million (divided into 1.6 billion shares), pending shareholder approval at a special general meeting [2]