PANews reported on March 1 that according to the announcement of the Hong Kong Stock Exchange, the Hong Kong-listed company Jiami Technology announced the authorization of the placement of new shares. The funds raised are intended to be used to develop Web 3.0 business, including the development of an on-chain data analysis platform and a DEX aggregator that organizes decentralized exchange quotes. It is reported that the upper limit of the net proceeds from the placement is approximately HK$33.272 million, and it is expected to allocate approximately HK$11.646 million to develop the DEX aggregator and on-chain data analysis platform.