Duodian Digital Intelligence completes allotment and subscription of new shares, actively deploys stablecoin and blockchain business

PANews reported on July 25 that according to the Hong Kong Stock Exchange announcement, Duodian Digital Intelligence Co., Ltd. completed the placement on July 21, 2025, successfully placing 35,400,000 shares at 11.1 Hong Kong dollars per share to at least six independent third-party placees. Meanwhile, the new share subscription was completed on July 25, 2025, with net proceeds of approximately 3.88 billion Hong Kong dollars. The company plans to use 50% of the funds for stablecoin and blockchain research and development and technological advancement, with the remaining 50% used for loan repayment, business expansion, and general corporate purposes. Duodian Digital Intelligence stated that it will actively promote Web3 and digital asset innovation, and has already collaborated with HashKey Group, among others, to apply for a Hong Kong stablecoin license. In the future, the company will strengthen technological research and development and internal management, aiming to become an important participant in the digital asset and Web3 infrastructure field.