Odaily Planet Daily News: Hong Kong-listed company Yao Gao Holdings issued an announcement, announcing that it has conditionally agreed to place a maximum of 24,000,000 placing shares to no less than six subscribers through a placing agent on a best-effort basis. The placing price is HK$4.03 per placing share. 20% of the net proceeds from the placing, or approximately HK$18.9 million, will be used for general working capital and MetaSpaceX Web3 business.