Group 1 - The core announcement is that Baiguoyuan plans to raise approximately HKD 280 million by issuing 279,500,000 new H-shares through a general authorization [1] - The funds raised will be allocated for core business expansion, technology research and development, and general corporate purposes [1] - The issuance is expected to be completed by October 9, 2025, and the new shares will represent a certain percentage of the existing issued share capital and the enlarged share capital, although specific percentages were not disclosed [1]