Ta Yang Group (HKG:1991) said it was looking to raise funds via a potential rights offering for its planned real world asset ecosystem deployment, according to a Hong Kong bourse filing Tuesday.

The silicone rubber manufacturer's plan includes development of artificial intelligence digital humans, purchase of cryptocurrencies, and the construction of RWA asset portfolios, the company said.

Meanwhile, the company said it completed the full and final sale of its previously announced share offering. The company sold 28.66 million shares to five subscribers at HK$1.20 each to raise HK$34.4 million.

Shares of the company fell over 3% in afternoon trade.