PANews reported on June 11 that Hong Kong-listed company Dingshi Capital (Announced that the company plans to consolidate its shares on the basis of merging 20 existing shares into 1 share, and intends to issue up to 36.546 million rights shares at a subscription price of HK$1.66 per share on the basis of 3 rights shares for every 2 consolidated shares held, with an estimated total fundraising amount of approximately HK$60.7 million (before deducting expenses). If the rights shares are fully subscribed, the net fundraising amount after deducting expenses will be approximately HK$57.6 million.

The Company plans to use the net proceeds in various areas, including approximately HK$5.3 million for potential acquisitions of companies related to virtual asset trading licenses, approximately HK$35 million for investments in margin financing services, approximately HK$15 million for investments in lending services, and approximately HK$2.3 million as general working capital.