Core Viewpoint - The company plans to issue a total of 70 million placement shares, representing approximately 9.33% of the enlarged issued share capital after the placement [1] Group 1: Placement Details - The placement price is set at HKD 1.33 per share, which is a discount of about 14.19% compared to the closing price of HKD 1.55 on November 10 [1] - If all placement shares are fully placed and issued, the total proceeds from the placement will amount to HKD 93.1 million, with the estimated net proceeds being approximately HKD 92.02 million [1] Group 2: Use of Proceeds - The net proceeds from the placement are intended to be used for: 1. Injecting capital into the company's subsidiary, TradeGo Markets Limited (TGM), to strengthen its capital base and support business expansion and development [1] 2. Increasing TGM's funding reserves for providing initial public offering financing services to clients, enhancing its customer service capabilities [1] 3. Investing in the development of a virtual asset trading system, tentatively named "VirtuTrade Pro," to prepare for potential trading demands from existing clients [1]