China Yun International Holdings to Issue Approximately 16.48% of Outstanding Shares for a Total of HK$630 Million, Raising Approximately HK$4762 Million

China Yun International Holdings (08521) released a statement announcing that, on July 29, 2025 (after market hours), the company and subscribers entered into an agreement, according to which the company agrees to issue and allot approximately 63 million shares to subscribers, with each share subscribed at HK$0.760. The subscribed shares will be issued based on general authorization. The subscription price is approximately 16.48% lower than the closing price per share of HK$0.91 reported by the Stock Exchange on the subscription date.

The company plans to utilize the proceeds from the subscription matter in the following manner: (i) up to 10% will be used to supplement the group's working capital; and (ii) 90% or more will be used to establish a cryptocurrency asset pool, particularly for Bitcoin and related tools.