Hong Kong-listed company Jiamei Technology announced the authorization to place new shares. The raised funds are intended to be used to develop Web 3.0 business, including the development of on-chain data analytics platform and DEX aggregator for organizing decentralized exchange quotations. It is reported that the net proceeds from the placement are capped at approximately HK $33.272 million, and it is expected to allocate HK $11.646 million to develop DEX aggregator and on-chain data analytics platform.