Group 1: Industry Transformation - Changyi has evolved from a traditional textile industry to a comprehensive supply chain, enhancing cost control and supply stability, with annual yarn production reaching 220,000 tons and fabric output exceeding 700 million meters [1] - The textile industry in Changyi has achieved a total output value of over 16 billion yuan, with significant growth in the ultra-fine fiber sector, which saw a 26.3% increase in output value to 9.184 billion yuan [4][3] Group 2: Technological Innovation - Shandong Kaitai Ultra-fine Fiber Co., Ltd. has captured 60% of the domestic market and over 40% of the global market for ultra-fine suede leather, thanks to significant investment in R&D and the development of innovative products [2] - The company has developed a new ultra-fine fiber suede automotive interior leather, breaking the reliance on imports in the automotive interior industry [2] Group 3: Cultural Integration - Changyi is leveraging its rich silk culture to enhance its brand, with initiatives such as the Silk Culture Museum showcasing nearly 30,000 artifacts and promoting traditional silk production techniques [5] - The "Qingyun Dye" brand, utilizing plant dyeing technology, has over 50 patents and emphasizes eco-friendly products, contributing to a cultural revival in the silk industry [6] Group 4: International Expansion - Changyi's textile products have a significant presence in international markets, with exports to over 30 countries and a focus on expanding into Africa through local production facilities [7][8] - In the first five months of 2025, the textile and apparel export value reached 2.36 billion yuan, with 1.63 billion yuan attributed to exports to Africa, highlighting the region's growing importance [8] Group 5: Digital Transformation - The establishment of a cloud warehouse and live streaming sales platform has enabled Changyi's textile companies to achieve 100% e-commerce integration, with sales exceeding 30 million yuan in the first half of the year [9] - Companies are actively exploring cross-border e-commerce and digital marketing strategies to enhance their global reach and brand presence [8][9]

股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2025年7月31日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 經緯天地控股有限公司 呈交日期: 2025年8月1日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 02477 | 說明 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | | 2,000,000,000 | HKD | | 0.005 HKD | | 10,000,000 | | 增加 / 減少 (-) | | | | | | HKD | | | | 本月底結存 | | | 2,000,000,000 | HKD | | 0.005 HKD | | 10,000,000 | 本月底法定/註冊股本總額： HKD 10,000,0 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告之內容概不負責，對其準確 性或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部分內容而產生或 因倚賴該等內容而引致之任何損失承擔任何責任。 WellCell Holdings Co., Limited （於開曼群島註冊成立的有限公司） 經緯天地控股有限公司 （股份代號：2477） 有關 業務更新自願公告 的補充公告 茲提述經緯天地控股有限公司（「本公司」）日期為2025年7月21日的公告（「該公告」），內容有關 推出本公司自主開發的全球穩定幣貨幣支付平台之業務更新自願公告。除另有所指外，本公 告所用詞彙與該公告所界定者具有相同涵義。 經緯天地新世紀已與主要託管人和卡片發行合作夥伴簽訂服務合約，分別為用戶提供資 產託管和預付卡發行服務，主要託管人已與分託管人簽訂服務合約，為用戶的數字資產 提供分託管安排。 主要託管人和分託管人各自擁有由香港公司註冊處發出的香港信託及公司服務提供者牌 照，為用戶提供託管及分託管服務。而卡片發行合作夥伴持有香港海關發出的金錢服務 經營者牌照，可向用戶提供預付卡發行及貨幣服務。 據董事作出一切合理查詢後所深知、全悉 ...

Core Viewpoint - The article highlights the significant stock price surge of Jingwei Tiandi (02477.HK) following its announcement to enter the cryptocurrency payment sector with the launch of its stablecoin payment platform, Fopay, which is expected to enhance business opportunities for the company [1][4]. Group 1: Company Developments - Jingwei Tiandi's stock price increased by 18.11% on July 22, closing at a market capitalization of HKD 8.7 billion, and further rose by 3% on July 23, marking a 170% increase year-to-date [1]. - The company announced the launch of Fopay, a global stablecoin payment platform, which will be available through a mobile application by July 21, 2025 [1][4]. - The introduction of Fopay is part of a broader strategy to diversify the company's business portfolio, including payment services utilizing blockchain technology [12]. Group 2: Shareholder Changes - In May, Jingwei Tiandi underwent a major shareholder change, with Qian Fenglei, a prominent figure in Zhejiang business circles, acquiring a controlling stake through Zhejiang Hengfeng International Holdings [5][9]. - Qian Fenglei invested over HKD 1 billion to acquire a 29.9% stake in Jingwei Tiandi, becoming the largest shareholder [5]. - The shareholder group of Hengfeng International includes notable figures such as former Ant Group CEO Hu Xiaoming and other prominent business leaders [8][9]. Group 3: Financial Performance - For the first half of the year, Jingwei Tiandi reported a revenue of HKD 278 million, reflecting an 8.7% year-on-year growth, while the net profit attributable to shareholders was HKD 20.14 million, a slight decline of 1.26% [12].

Core Viewpoint - The entry of Jingwei Tiandi into the stablecoin market through its new mobile application "Fopay" is expected to enhance its business opportunities and shareholder value, reflecting a growing trend in the fintech sector in Hong Kong [2][3]. Company Overview - Jingwei Tiandi, established in 2021 and headquartered in Zhuhai, primarily develops telecom network performance analysis software and has expanded into telecom network support services and ICT integration [2]. - The company went public on the Hong Kong Stock Exchange in January 2024 [2]. New Business Development - Jingwei Tiandi announced the launch of "Fopay," a stablecoin-based payment platform, which aims to facilitate seamless transactions and capitalize on the global trend towards regulated digital assets [2][3]. - The board believes that the fintech and payment services sector is a key driver of economic growth in Asia, particularly in Hong Kong, which offers a favorable environment for such developments [3]. Shareholder Changes - In 2023, Hengfeng International Holdings became the controlling shareholder of Jingwei Tiandi through two share transfers, acquiring a significant stake in the company [4][5]. - Qian Fenglei, the founder of Hengfeng International, joined the board and became the chairman, bringing extensive investment experience across various sectors [4][5]. Stock Performance - Following Qian Fenglei's involvement, Jingwei Tiandi's stock price surged from below HKD 3 to a peak of HKD 26.65, reflecting strong market interest and confidence in the company's new direction [5].

Core Viewpoint - The article discusses the entry of Jingwei Tiandi into the stablecoin market, highlighting its new mobile application "Fopay" aimed at providing a one-stop payment platform based on stablecoin technology, which has positively impacted the company's stock price [1][3]. Group 1: Company Overview - Jingwei Tiandi, established in 2021 and headquartered in Zhuhai, primarily develops telecommunications network performance analysis software and has expanded into ICT integration services [3]. - The company went public on the Hong Kong Stock Exchange in January 2024 [3]. Group 2: New Business Initiative - On July 21, 2025, Jingwei Tiandi announced the launch of its financial technology business segment with the mobile application "Fopay," which focuses on stablecoin-based payment solutions [3]. - The company aims to leverage the growing regulatory framework for stablecoins globally to facilitate seamless transactions and explore new business opportunities [3][4]. Group 3: Market Context - The board believes that the electronic commerce, cross-border trade, and mobile payment sectors are rapidly growing and are key drivers of economic growth in Asia, particularly in Hong Kong [4]. - The favorable market environment in Hong Kong, characterized by robust infrastructure and a large digital user base, is seen as advantageous for the development of payment services and fintech [4]. Group 4: Shareholder Dynamics - In 2023, Hengfeng International Holdings became the controlling shareholder of Jingwei Tiandi through two share transfers, acquiring a significant stake in the company [6][8]. - Qian Fenglei, the founder and CEO of Hengfeng International, joined the board of Jingwei Tiandi and has a background in investment management and technology [7][8]. Group 5: Stock Performance - Following Qian Fenglei's involvement, Jingwei Tiandi's stock price surged from below HKD 3 to a peak of HKD 26.65, reflecting a significant increase over five months [8].

Core Viewpoint - The company, Jingwei TianDi, has officially entered the cryptocurrency payment sector by launching the stablecoin payment platform "Fopay," aiming to explore new business opportunities and benefit shareholders [1] Group 1: Business Development - Fopay is developed based on the concept of stablecoin cryptocurrency payments, providing a one-stop payment platform with features like stablecoin custody and prepaid card payments through licensed partners [1] - The launch of Fopay aligns with favorable regulatory developments, including the establishment of a global stablecoin regulatory framework in 2024, the EU's MiCA, and the upcoming implementation of Hong Kong's Stablecoin Regulation on August 1 [1] Group 2: Shareholder Changes - Jingwei TianDi underwent a significant equity adjustment, selling 19.9% of its shares to Hengfeng International and an additional 10% later, making Hengfeng the new controlling shareholder [2] - Hengfeng International is backed by notable business figures, including Qian Fenglei, the founder of "Qian Duo Duo," and other prominent investors, indicating a strong support network for the company's strategic direction [2] Group 3: Financial Performance - The company's financial performance has been relatively modest, with revenues increasing from 203 million yuan in 2021 to 278 million yuan in 2024, while profits have shown a declining trend from 25.52 million yuan to 20.14 million yuan during the same period [2]

Core Viewpoint - The company is entering the cryptocurrency payment sector with the launch of its mobile application "Fopay" scheduled for July 21, 2025, aiming to provide a one-stop payment platform [1] Group 1: Product Launch - "Fopay" will be developed based on the concept of stablecoin cryptocurrency payments [1] - The application will offer stablecoin custody and prepaid card payment functionalities through several licensed partners [1] Group 2: Business Strategy - The board believes that the launch of Fopay and the new business segment will explore more opportunities for the company and be beneficial to shareholders overall [1]

Financial Performance - For the year ended December 31, 2024, the Group achieved a revenue increase of approximately RMB 22.3 million or 8.70%, totaling approximately RMB 278.2 million compared to the previous year[15]. - The Group's profit for the year ended December 31, 2024, decreased by approximately RMB 0.3 million or 1.3%, amounting to RMB 20.1 million, primarily due to increased subcontracting charges[15]. - Revenue for 2024 increased to RMB 278,223,000 from RMB 255,959,000 in 2023, representing a growth of approximately 8.9%[27]. - Other income rose significantly to RMB 4,020,000 in 2024, compared to RMB 1,834,000 in 2023, marking an increase of 119.5%[27]. - Operating profit decreased to RMB 20,876,000 in 2024 from RMB 23,961,000 in 2023, a decline of about 8.7%[27]. - Profit before tax for 2024 was RMB 21,916,000, slightly down from RMB 23,083,000 in 2023, reflecting a decrease of 5.1%[27]. - Profit for the year attributable to equity holders of the Company was RMB 20,140,000 in 2024, compared to RMB 20,397,000 in 2023, a decrease of 1.3%[27]. - Employee benefit expenses increased to RMB 19,357,000 in 2024 from RMB 17,124,000 in 2023, an increase of 13.1%[27]. - Subcontracting charges rose to RMB 186,868,000 in 2024, up from RMB 153,847,000 in 2023, indicating an increase of 21.5%[27]. - The Group's net profit margin decreased from approximately 8.0% for the year ended 31 December 2023 to approximately 7.2% for the year ended 31 December 2024[95]. Market Opportunities and Challenges - The ICT industry in the PRC is undergoing significant digital transformation, presenting both opportunities and challenges due to market saturation and intensified competition[19]. - The Company plans to optimize and enhance its ICT integration services and software development to capitalize on digital transformation opportunities[20]. - There is significant demand for ICT infrastructure construction in overseas markets, particularly in developing countries, which provides expansion opportunities for the Company[19]. - Increased customer demands for service quality and technological innovation are raising expectations for the Company's comprehensive capabilities[19]. - The Company acknowledges challenges in international trade environments, cultural differences, and technical barriers that may impact overseas expansion efforts[19]. - The Group faces challenges in international expansion due to uncertainties in the trade environment and cultural differences, despite significant demand for ICT infrastructure in developing countries[48]. Strategic Initiatives - The Group aims to delve deeper into emerging areas such as the third-generation Internet and artificial intelligence to deliver long-term value for shareholders[20]. - The Group aims to enhance its ICT integration services and explore opportunities in digital transformation, including third-generation internet and artificial intelligence[27]. - The management expresses confidence in creating long-term value for shareholders through ongoing improvements and strategic initiatives[24][26]. - The Group will continue to focus on providing telecommunication network support services, including maintenance and engineering services[29][34]. Corporate Governance and Leadership - The Group's successful listing has also strengthened its internal control functions and promoted its image as a well-organized establishment to the public[14]. - The Group issued 125,000,000 shares at HK$1.00 each, resulting in net proceeds of approximately HK$60.6 million (equivalent to approximately RMB 56.0 million) after deducting underwriting commissions and related expenses[125]. - The Company has adopted various policies to ensure compliance with the Corporate Governance Code, with a noted deviation regarding the roles of the Chairman and CEO being held by the same individual[194]. - The Company recognizes the importance of high corporate governance standards to enhance corporate value and accountability[193]. - All Directors confirmed compliance with the Model Code for Securities Transactions throughout the reporting period[198]. Financial Position and Utilization of Proceeds - Cash and cash equivalents increased to approximately RMB105.0 million as at 31 December 2024, representing an increase of approximately 341.2% compared to RMB23.8 million as at 31 December 2023[99]. - The current ratio improved to approximately 2.4 as at 31 December 2024, compared to approximately 1.9 as at 31 December 2023[98]. - Total bank borrowings amounted to approximately RMB31.8 million as at 31 December 2024, up from RMB20.0 million in 2023[105]. - The gearing ratio decreased to 20.8% as at 31 December 2024, compared to 32.9% as at 31 December 2023[108]. - The Group plans to utilize the net proceeds from the share issuance as previously disclosed, with no changes to the intended use or expected implementation timeline[129]. - 20.5% of net proceeds (approximately RMB 11.5 million) allocated to finance initial funding needs for future ICT integration projects, with an expected full utilization by the end of 2027[131]. - 34.6% of net proceeds (approximately RMB 19.4 million) designated for pursuing new research and development undertakings, expected to be fully utilized by the end of 2027[131]. - 19.8% of net proceeds (approximately RMB 11.1 million) aimed at expanding manpower in project management to support anticipated business growth, with full utilization expected by the end of 2026[131]. - 5.4% of net proceeds (approximately RMB 3.0 million) allocated for financing sales and marketing funding needs for manpower and marketing activities, expected to be fully utilized by the end of 2026[131]. - 12.9% of net proceeds (approximately RMB 7.2 million) set aside for repaying part of bank borrowings, with no applicable timeline for full utilization[131]. - 6.8% of net proceeds (approximately RMB 3.8 million) for general working capital, expected to be fully utilized by the end of 2025[131]. - As of the report date, unutilized net proceeds amount to approximately RMB 32.9 million[131]. - Unutilized net proceeds have been placed as bank balances with licensed banks in Hong Kong[133]. - The Directors are not aware of any material change to the planned use of the net proceeds as of the report date[132]. - The total allocation of net proceeds amounts to 100%, with actual utilization reported at approximately RMB 56.0 million[131]. Leadership Appointments and Experience - Mr. Li Shihua was appointed as Executive Director on September 26, 2024, and is also the chairman of the investment committee[148]. - Mr. Li has extensive investment experience, having served as investment vice president at Silkroad Goldenbridge Capital Management Limited from July 2023 to March 2024[149]. - Mr. Qian Fenglei was appointed as Executive Director on February 11, 2025, and has a background in managing investment companies across various sectors[150]. - Mr. Lin Qihao, appointed as Non-executive Director on September 14, 2021, has over 24 years of experience in the electronic technology industry[153]. - Dr. Leung Kwong Sak was appointed as Independent Non-executive Director on December 15, 2023, and serves on multiple committees including the audit committee[155]. - Dr. Leung has over 40 years of experience in computer science and engineering, serving in various academic roles at the Chinese University of Hong Kong[161]. - Mr. Wong has over 30 years of experience in auditing and accounting, currently serving as an independent non-executive director and chairman of multiple committees[165]. - Ms. Dan holds a bachelor's degree in laws and French and a master's degree in laws, currently serving as an independent non-executive director[172]. - Mr. Wong has been the sole proprietor of Eddy Wong & Co. since May 1994, and has served as an independent non-executive director for several listed companies[165]. - Ms. Dan is a senior partner at Beijing Dacheng Law Offices and has held various legal positions since 2013[173]. - Mr. Wong has been involved with companies that faced significant financial challenges, including a winding-up petition against China All Access for HK$1,451,584,773.03[165]. - Dr. Leung was awarded the title of emeritus professor by CUHK in August 2018, reflecting his distinguished academic career[161]. - Ms. Dan has been active in legal mediation and arbitration, serving as a commercial mediator and arbitrator since 2021[173]. - Mr. Wong has been an independent non-executive director of Sun Hing Vision Group Holdings Limited since September 2004[165]. - Dr. Leung's academic contributions include serving as a chair professor until July 2018 and as a research professor until July 2021[161]. - Ms. Chen Shenmao has been appointed as the vice general manager and financial controller of the Group since December 2023, overseeing finance, administration, and human resources[176]. - Mr. Li Fei, aged 39, is the general manager of Guangdong Jingwei Infinite IoT Technology Co., Ltd., responsible for software development of wireless communication products and business expansion in cloud computing and IoT[180]. - Mr. Xian Zhigang has been serving as the director of research and development and general manager of Zhuhai New Technology Research Institute since 2016 and 2025 respectively, with 16 years of experience in communication and R&D[184]. - The Group's financial management is led by Ms. Chen, who has over 20 years of experience in accounting and finance, recognized as a senior accountant in May 2020[179]. - The Company has a focus on expanding its cloud computing and IoT business under Mr. Li's leadership, leveraging his extensive experience in communication applications[182]. - The Group's R&D efforts are managed by Mr. Xian, who has been recognized as a System Architecture Designer by relevant authorities in November 2019[185]. - The Company aims to enhance its software product offerings through the management of the Research Institute, which is overseen by Mr. Xian[184]. - Ms. Chen's role includes supervising the financial functions of the Group, ensuring effective financial control and administration[176]. - The Group's strategic direction includes a commitment to innovation in wireless communication technologies and software development[180]. - The leadership team is composed of experienced professionals with significant expertise in their respective fields, contributing to the Company's growth and market expansion[179]. - Mr. Siu Chun Pong Raymond appointed as Company Secretary on May 17, 2024, with over 18 years of experience in corporate finance and regulatory compliance[189].

Group 1 - The core point of the news is that the major shareholder of Jingwei Tiandi Group Limited has entered into two sale agreements to sell shares of the company at a price of HKD 6 per share, which will significantly alter the ownership structure of the company [1][2] - The first sale agreement involves the sale of 45 million shares, representing 4.5% of the total issued share capital of the company, while the second agreement involves the sale of 100 million shares, representing 10% of the total issued share capital [1] - After the completion of both sales, Jingwei Tiandi Group's shareholding will decrease from 311 million shares to 166 million shares, accounting for 16.6% of the total issued share capital, thus no longer being the controlling shareholder but remaining a major shareholder [2] Group 2 - Following the completion of the second sale, Hengfeng International's shareholding will increase from 199 million shares to 299 million shares, representing 29.9% of the total issued share capital, making it the single largest shareholder of the company [2] - Hengfeng International will continue to be a major shareholder after the transaction [2]