Core Viewpoint - Zhiyun International Holdings (08521) announced a subscription agreement to issue 63 million shares at a subscription price of HKD 0.760 per share, representing a discount of approximately 16.48% compared to the closing price of HKD 0.91 on the date of the agreement [1] Fund Utilization - The net proceeds of approximately HKD 47.62 million from the subscription will be utilized as follows: (i) up to 10% for supplementing the group's working capital; and (ii) 90% or more for establishing a cryptocurrency inventory, particularly in Bitcoin and Bitcoin-related instruments [1]