Capitalonline announced that the company has issued 55 million ordinary shares of RMB at a price of RMB 13 per share to specific investors, raising a total of RMB 715 million. After deducting various issuance expenses, the net amount raised is RMB 699 million. The company has opened a special account for the raised funds at the Beijing Weigongcun Branch of Huaxia Bank Co., Ltd. and has signed a four-party supervision agreement for the raised funds. The main terms of this agreement include fund usage management, regular reconciliation, handling of violations, etc., to ensure the safety and compliant use of the funds