Ma Yun indirectly held Yunfeng financial rights issue fundraising 1.17 billion Hong Kong dollars to support the launch of virtual asset trading and related investment management services

Yunfeng Financial, which is indirectly held by Ma Yun, announced that it will issue a total of 191 million new shares in the old-before-new way, with a matching price of HK $6.1 per share and a total of approximately HK $1.17 billion. The purpose of this placement is to expand the company's shareholder and capital base, and increase the liquidity of the company's shares in the market. The amount of funds raised this time is mainly used for the upgrade of the group's system facilities, talent recruitment and related capital base needs, including but not limited to the launch of comprehensive virtual asset trading services and virtual asset-related investment management services.