Gelonghui, January 22 | Capital Financial Holdings (00204.HK) announced that the company recently signed a letter of intent for strategic cooperation with Fengmao Ecological Technology (Shenzhen) Co., Ltd. (Fengmao Ecological Technology).
Fengmao Ecological Technology is a distributed digital business platform focusing on Web 3.0 technology. Fengmao Ecological Technology empowers all industries to achieve online and offline digital transformation through trusted credit networks, S2B2C malls, integrated payments, local lifestyle service platforms, smart shared terminals, metaverse malls, and explosives supply chains, and provides various B-side commercial enterprises with RWA and Web3.0 tool sets to achieve ecological traffic authorization and digital asset securitization solutions.
The company believes that the proposed strategic cooperation in this letter of intent is in line with the Group's long-term development goals and business development strategy. This strategic cooperation with Fengmao Ecological Technology can bring potential profit growth points to both parties, and this move is in line with the overall interests of the company and shareholders.