JF Wealth Holdings Ltd., listed under stock code 9636, announced the completion of a private placement involving the placing of existing shares and a top-up subscription of new shares under a general mandate. The transaction successfully placed 20,000,000 shares at a price of HK$39.25 per share to more than six independent third-party placees. This move is part of the company's strategy to maintain healthy working capital for daily operations and to fund its strategic overseas development in the digital assets sector. Ms. Chen Ningfeng, a non-executive director, holds significant interest in the company through Rich Horizon Investments Limited.