RUIHE DATA (03680) announced that on January 23, 2026, the company proposes to place up to 158 million placement shares via a placing agent to no fewer than six placees. The placing price is set at HK$0.783 per share, representing a discount of approximately 13.96% compared to the closing price of HK$0.910 per share on The Stock Exchange of Hong Kong on the last trading day. Should all the placement shares under the placing agreement be successfully placed, the net proceeds are estimated to be approximately HK$123 million. Seventy percent of the funds will be allocated to repay group borrowings and supplement the company's general working capital, while the remaining thirty percent will be used for strategic investments, which explicitly exclude any direct or indirect investment in cryptocurrencies or other crypto-based assets.