TechFlow, October 21 — According to a Hong Kong Stock Exchange announcement, Delin Holding Group Limited (Stock Code: 1709) announced today that on October 21, 2025, it entered into placement and subscription agreements expected to raise approximately HK$973 million. The plan includes placing and subscribing for 255 million existing shares and issuing 63.8 million new shares to Evergreen Wealth Investment Limited, all at a placement price of HK$3.05 per share, representing a discount of approximately 11.34% to the closing price on the last trading day.
The proceeds will be primarily allocated as follows: 56% (approximately HK$535 million) for expanding Bitcoin mining operations, 24% (approximately HK$229 million) for developing gold-backed RWA tokenized products, 10% for strategic investments, and the remaining 10% for working capital.
