Hua Yin International Holdings Limited announced it has raised convertible bonds are fully placed, based on the initial conversion price of HKD 0.445 per share, up to 337,078,651 conversion shares will be allotted and issued upon exercise in full of the conversion rights attaching to the convertible bonds approximately 4.68% of the existing issued share capital of the company and approximately 4.47% of the issued share capital of the company as enlarged by the allotment and issue of the conversion shares in a round of funding on May 31, 2023.