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 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]

经纬天地港交所公告，公司宣布进军加密支付领域，将于2025年7月21日发布首款移动应用程 式"Fopay"，提供一站式支付平台。Fopay基于稳定币加密支付概念开发，目前透过若干持牌合作方提供 稳定币托管及预付卡支付功能。董事会认为，推出Fopay及新业务板块可为公司探索更多商机并对股东 整体有利。 ...