On February 26, Gelonghui | Blue Port Interactive (08267.HK) announced that Wang Feng, Chairman of the Board of Directors and CEO of the Group, transferred all of his shares (35%) of Element R&D and operators to the company free of charge.
Element is the world's leading third-generation internet technology platform, which mainly provides NFT on-chain trading services, including: 1) NFT digital collection trading platform (Element Market). Element Market is the most mainstream GameFi NFT trading platform and the largest blockchain two-tier network NFT trading platform. It provides safe and secure trading services for gamers, NFT collectors, and investors around the world. 2) NFT-as-a-Service Technology Solution (Element Stack). Element Stack is a multi-chain NFT infrastructure that provides businesses, creators, and traders with customized NFT solutions, and also provides powerful tools and interfaces so that customers can seamlessly integrate NFTs into their business.
The board of directors believes that the third-generation Internet is booming, and Element is a platform for providing high-quality technology and application services in this market. Through this share transfer, the Group obtained 35% of Element's shares. This move will help the Group's development in the third-generation Internet field and become an important part of the Group's layout in the third-generation Internet field.