【Hong Kong listed company Delin Holdings plans to raise HKD 653.3 million, focusing on the development of blockchain, RWA, and virtual asset businesses】According to a report by Golden Finance, Delin Holdings (01709.HK) announced that on August 7, 2025 (before trading hours), the company, seller DA Wolf, Mr. Chen, and the placing agent entered into a placing and subscription agreement, according to which, (i) the seller has agreed to sell, and the placing agent has agreed to act as the seller's agent, making efforts to ensure that no less than 6 subscribers purchase the placement shares at a placing price of HKD 2.95 per share (approximately 201 million shares to be placed), and (ii) the seller has conditionally agreed to subscribe, and the company has also conditionally agreed to allocate and issue subscription shares to the seller at a price equal to the placing price of HKD 2.95 per share for existing and new shares under general authorization (the number of subscription shares concerning the seller should be the same as the number of placement shares actually placed by the placing agent according to the placing and subscription agreement).

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