Core Viewpoint - Blockchain technology is increasingly penetrating the real economy, potentially leading to unprecedented business transformations [1] Group 1: Blockchain in Supply Chain and Finance - Blockchain enables traceability in supply chains, allowing consumers to access detailed information about products, such as their origin and processing history [3] - In supply chain finance, blockchain addresses information asymmetry, facilitating transparent and traceable transactions that enhance financing opportunities for small and medium-sized enterprises [3] Group 2: Collaborative Ecosystem Development - The construction of a blockchain-based digital commerce ecosystem involves collaboration among governments, enterprises, and technology providers, with local governments promoting blockchain industry development [4] - Leading enterprises are forming industry alliances, while technology companies provide foundational support for blockchain applications [4] Group 3: Efficiency Gains in Trade - A blockchain-based cross-border trade service platform in the Yangtze River Delta has significantly reduced customs clearance time from several days to just a few hours, lowering operational costs for businesses [6] Group 4: Challenges in Integration - Despite the promising outlook, challenges such as lack of unified technical standards, fragmented application scenarios, and insufficient talent remain significant barriers to deep integration of blockchain with the real economy [7] - Real-world applications, such as agricultural traceability, face difficulties due to limited information technology capabilities among farmers, highlighting the need for technology to align closely with industry realities [7] Group 5: Future Outlook - While blockchain is not a panacea, its absence could hinder future developments; the maturation of the blockchain-based digital commerce ecosystem may lead to innovative combinations like "blockchain + agriculture" and "blockchain + logistics" [9] - The direction is clear: technology must serve the real economy and create tangible value [9]

Core Viewpoint - The completion of the ETHK Building in Nanjing marks a significant milestone for the company in its strategy to develop a global digital financial ecosystem focused on Real World Assets (RWA) technology, transitioning from conceptualization to large-scale implementation [1][4]. Group 1: Infrastructure and Strategic Importance - The ETHK Building, with a total area of approximately 70,000 square meters, serves as the world's largest physical research and innovation base for RWA technology, featuring advanced facilities and a strategic location in the Yangtze River Delta economic zone [1][2]. - The building will act as the headquarters for RWA technology research and ecosystem empowerment, expected to gather over 5,000 technical experts and partners, facilitating a collaborative environment for innovation [1][2]. Group 2: Technological Development and Integration - The ETHK Building will integrate core technological research functions, including high-performance blockchain development, cross-chain interoperability, smart contract security, and RegTech solutions, providing comprehensive digital technology solutions for enterprises [2][4]. - The establishment of ETHK Inc and ETHK HOLDINGS LIMITED, with plans to rename as ETHK Labs Inc, emphasizes the company's role as a technology driver and infrastructure provider within the digital financial ecosystem [2][4]. Group 3: Talent and Collaboration - Nanjing's rich educational resources, including top universities and research institutions, will support the ETHK Building's technological research and foster collaboration opportunities, enhancing the company's competitive edge in technology innovation [3][4]. - The strategic location in Nanjing aligns with the company's focus on high-tech and high-potential intellectual property asset digitization, particularly in the biopharmaceutical sector [2][3]. Group 4: Policy and Market Positioning - The ETHK Building is positioned to benefit from favorable policies in the Jiangsu Free Trade Zone, which aims to create a world-class biopharmaceutical industry cluster, enhancing the company's global RWA business development [3][4]. - The building's inauguration is not just a physical milestone but a clear signal to the market and investors of the company's commitment to advancing its ETHK digital financial ecosystem strategy [4][5]. Group 5: Future Vision and Commitment - The ETHK Building symbolizes the company's long-term value and commitment to sustainable development, with future research outcomes expected to reinforce the global promotion of the ETHK digital financial technology ecosystem [5][6]. - The company aims to leverage this strategic asset to accelerate the implementation of innovative technologies, contributing to the efficient circulation and value discovery of quality global assets [6].

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的內容概不 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的任何損失承擔任何 責 任。 IVD Medical Holding Limited 華檢醫療控股有限公司 （於開曼群島註冊成立之有限公 司） （股份代號：1931） 自願性公告 全球首個RWA大 廈－ETHK大廈正式落成 ETHK鏈 上 金 融 生 態 戰 略 邁 入 實 體 化、規 模 化 技 術 落 地 新 紀 元 本 公 告 乃 由 華 檢 醫 療 控 股 有 限 公 司（「本公司」或「華檢醫療」，連 同 其 附 屬 公 司 統 稱「本集團」）自 願 作 出，旨 在 向 股 東 及 潛 在 投 資 者 提 供 本 集 團 業 務 發 展 的 最 新 資 料。 本 公 司 董 事 會（「董事會」）欣 然 宣 佈，由 本 集 團 傾 力 打 造 的 全 球 首 個 專 注 於 現 實 世 界 資 產（RWA）數 字 化 技 術 研 發 與 生 態 賦 能 的 核 心 基 地 ...

Core Viewpoint - The company has signed a Memorandum of Understanding (MOU) with Conflux Hong Kong Management Limited to explore cooperation in the digitalization of global cultural and tourism assets, aiming to enhance the company's digital transformation and innovative development in the tourism sector [1] Group 1: Cooperation Details - The collaboration will focus on the following areas: 1. Digitalization of cultural and tourism assets by building a platform based on Conflux blockchain for asset rights confirmation [1] 2. Application of stablecoins in tourism transactions to create a compliant payment and settlement framework [1] 3. Global market promotion utilizing both parties' resources to advance digital assets and blockchain applications in the tourism sector [1] Group 2: Strategic Implications - This partnership aligns with the company's digital transformation strategy and is expected to improve operational efficiency and expand innovative business models, which is beneficial for long-term development [1] - The board expresses optimism about the collaboration with Conflux, believing it will bring long-term benefits to the company and its shareholders [1]

Core Viewpoint - China Financial Development (03623) has signed a strategic cooperation memorandum with Zhejiang Shuqin Technology Co., Ltd. to leverage their respective strengths and resources in financial services, aiming to innovate and expand into new domestic and international markets [1] Group 1: Strategic Cooperation - The cooperation focuses on providing one-stop, full-process, and intelligent financial services for RWA through joint innovation [1] - The ultimate goal is to enhance and prosper the SimpleChain 2.0 public chain ecosystem [1] Group 2: Technological Integration - The partnership aims to integrate traditional finance with decentralized finance using advanced technologies such as blockchain and smart contracts [1] - Both parties will collaborate on comprehensive business operations in mainland China, Hong Kong, and international token markets [1] Group 3: Development Goals - The objective is to develop SimpleChain 2.0 into a leading Web2+Web3 public chain in Asia, maintaining a leading position in total locked value (TVL) in the Asia-Pacific region [1] - As of the announcement date, the SimpleChain 2.0 public chain registration network has been launched, user account activation is complete, and the official website and test network are online [1]

Group 1 - Yunfeng Financial (0376.HK) saw an initial increase of over 19%, reaching HKD 3.99 [1] - The company has entered into a strategic cooperation agreement with Ant Group's Ant Financial and made a strategic investment in the Pharos blockchain, aiming to build institutional-level RWA financial infrastructure [1] - Yunfeng Financial's subsidiaries hold licenses from the Hong Kong Securities and Futures Commission, allowing them to conduct securities trading, securities consulting, institutional financing consulting, and asset management [1] Group 2 - Ant Financial will operate independently from Ant Group starting in 2024 and has extensive experience in underlying technologies such as blockchain, artificial intelligence, and privacy computing [1] - Ant Financial's products lead the market in their respective sectors, with Ant Chain holding a 26.5% market share in China's BaaS market, ranking first for four consecutive years [1]

Group 1 - The core viewpoint of the articles is that Yunfeng Financial has entered into a strategic partnership with Ant Digital Technology to enhance the integration of Web3 technology with traditional finance, focusing on the tokenization of Real World Assets (RWA) [1][2] - The collaboration will leverage Ant Digital's expertise in blockchain and digital finance alongside Yunfeng Financial's experience in asset management, securities, insurance, and renewable carbon assets [1] - The partnership aims to explore cutting-edge areas such as RWA tokenization and the next generation of the internet (Web3), which will strengthen Yunfeng Financial's position in the digital finance sector and support Ant Digital's blockchain technology applications [1] Group 2 - Pharos Network Technology Limited is highlighted as a next-generation Layer 1 public chain focused on building institutional-level RWA application scenarios, which will enhance the synergy between Web3 and traditional finance [2] - The investment in Pharos aligns with the company's long-term strategy to explore the potential of blockchain technology in financial innovation, aiming to create sustainable value for shareholders [2]

Group 1 - The conference themed "Chain Ecology, Building the Future - Collaborative Development and Governance Innovation" was successfully held in Hangzhou, focusing on the integration of industrial ecological collaborative governance and Real World Asset (RWA) tokenization [1] - The founder of CT-CHAIN, Ma Haoqi, emphasized that technological innovation is leading a new era of "digital-physical integration," aiming to achieve asset confirmation, circulation value enhancement, and full lifecycle management through RWA technology [1] - Li Wenlong, a digital economy advisor, proposed a governance framework that is technology-supported and scenario-oriented, aiming to enhance the effectiveness of the industrial ecosystem [1] Group 2 - The conference highlighted cross-industry integration, with representatives from the aviation sector discussing the intersection of the aviation industry and ecological collaboration, particularly in low-altitude economy and digital asset integration [2] - Ji Haiyong, a co-founder of CT-CHAIN, stated that the organization is building a "collaborative and standard value loop" through cash flow management, fund management center, and scientific decision-making mechanisms [2]

Core Insights - Tron Inc. successfully listed on NASDAQ on July 24, 2025, marking a significant step for the company in traditional financial markets and attracting widespread attention from investors [1][3][6] Company Performance - On its first day of trading, TRX price surged to $0.32, a 23% premium over the 200-day simple moving average of $0.26, indicating sustained long-term momentum [3] - The MACD histogram showed bullish momentum consolidation at 0.0000, with both MACD lines converging at 0.0090, further supporting the positive outlook for TRX [3] Market Developments - The integration with MoonPay on July 21 simplified the process of converting fiat to cryptocurrency, allowing users to purchase TRX and TRC-20 directly with traditional currency, which is expected to significantly expand Tron’s user base [3] - The issuance of USDT on the Tron network surpassed $80 billion on July 20, reinforcing the network's fundamental strength and highlighting its leading position in the stablecoin ecosystem [3] Global Strategy and Future Outlook - Tron’s global influence is expanding, with a focus on technological innovation and market expansion to promote widespread blockchain application [4] - Founder Justin Sun emphasized that the listing is a milestone in Tron’s development, not the end, as the company aims to enhance its technological capabilities and broaden application scenarios to provide better services to global users [4][6] Industry Impact - The successful listing of Tron on NASDAQ presents new opportunities and challenges for the entire blockchain industry, potentially paving the way for traditional capital markets to allocate crypto assets and embrace blockchain ecosystem values [6]

Group 1 - Blue Origin, founded by Jeff Bezos, announced a new passenger list for its space tourism program, with Sun Yuchen, founder of TRON, set to fly on the New Shepard rocket [1][3] - Sun Yuchen purchased the seat for $28 million in 2021, donating the entire bidding amount to Blue Origin's "Club for the Future" to support global youth STEM education [1][3] - The New Shepard rocket will take passengers to approximately 75 kilometers before the capsule separates and continues to over 100 kilometers, allowing for about 4 minutes of weightlessness during a total journey time of around 10 minutes [3][6] Group 2 - The commercial spaceflight industry is thriving, with Blue Origin successfully completing 13 crewed flights and sending over 70 people to the edge of space [6] - Sun Yuchen's participation highlights the shift of commercial space travel from an exclusive dream to a more accessible reality for the public [6] - Sun Yuchen aims to inspire more young people to engage in technology and innovation through this space flight, emphasizing the collective mission of space exploration for humanity [6][4]