Elegance Optical International Holdings Ltd. has announced plans to expand its business operations through its wholly-owned subsidiary, DongChuang Xintou Limited. The expansion strategy involves engaging in the development and sales of liquor and food seasonings, as well as establishing various subsidiaries in China focusing on liquor, optical products, gold, and jewellery. In line with these expansion plans, the company is considering various fundraising activities, including a potential rights issue of shares, to secure additional capital for these ventures. This strategic move is intended to diversify the company's portfolio and strengthen its presence in these new markets.
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