HSC RESOURCES (01850.HK) announced a proposed capital reorganization, consolidating shares at a ratio of 5 to 1, followed by a rights issue, issuing up to 0.138 billion shares; the subscription price is 0.53 yuan, which represents a discount of 24.29% compared to the theoretical closing price on the last trading day (19th). The total amount raised is 73.27 million yuan, with estimated net proceeds of up to 69.8 million yuan, intended for supporting the group's projects and general working capital.