Core Insights - The Yiwu Global Digital Trade Center has recently commenced operations, introducing significant changes to the market landscape [1] Group 1: Market Changes - The new center features 3,760 commercial spaces, attracting over 47,000 quality enterprises, indicating a high demand for retail space [4] - Each shop in the new market averages around 30 square meters, doubling the size compared to traditional markets, facilitating better "scene-based displays" [4] - The center is designed to support eight new industries, including fashion jewelry, creative toys, and smart equipment [4] Group 2: Digital Solutions - The Digital Trade Service Center offers comprehensive solutions for small and micro enterprises looking to expand internationally, helping to reduce overall costs by 15% [6] - The Yiwu Payment digital financial platform enables compliant, secure, and efficient cross-border payments, covering over 170 countries and regions with 30 available currencies [8] Group 3: AI Integration - The center utilizes advanced AI models for trade, providing tools for "AI product release," "AI translation," and "AI video creation," streamlining processes from design to transaction [11] - Merchants can easily generate promotional content using AI tools, reducing the need for third-party services and lowering costs [11] - The center also offers cross-border live streaming services, enhancing marketing and outreach capabilities for merchants [15] Group 4: Strategic Goals - The Yiwu Global Digital Trade Center aims to transform the traditional wholesale market into a new digital trade paradigm, positioning Yiwu as a leading digital trade hub [17]

Group 1 - The core viewpoint of the article is that major global economies are taking steps to curb the spread of US dollar-backed stablecoins, with Europe and China actively developing their own digital currencies to enhance financial sovereignty and reduce reliance on the dollar [2][3][6]. - A consortium of nine major European banks has announced plans to launch a euro-backed stablecoin to create an alternative to the US-dominated stablecoin market, aiming for strategic autonomy in payment systems [2][3]. - The European Central Bank has expressed concerns that widespread use of dollar stablecoins in the Eurozone could undermine its control over monetary policy, potentially leading to a situation similar to that of emerging economies heavily reliant on the dollar [3][4]. Group 2 - China has launched the Digital Renminbi International Operation Center in Shanghai, along with cross-border digital payment and blockchain service platforms, marking a proactive move in the global digital finance landscape [6][7]. - The internationalization of the Renminbi has been primarily driven by trade and cooperation along the Belt and Road Initiative, but progress has been slow due to traditional settlement system inertia and capital controls [7][8]. - The dominance of dollar stablecoins in the digital finance space highlights the competitive nature of financial rules, with China's absence potentially leading to a loss of influence in setting these rules [8][11]. Group 3 - The article discusses the historical context of the dollar's dominance, which was established through institutional design and international inertia post-World War II, particularly through the Bretton Woods system and the oil dollar system [10][12]. - The reliance on dollar stablecoins in the crypto space indicates that the dollar continues to play a central role even in emerging digital financial systems, posing risks for countries like China that do not participate [11][12]. - The potential systemic risks of over-reliance on the dollar are highlighted, emphasizing that currency is not just a payment tool but also a reflection of institutional and regulatory frameworks [12][13]. Group 4 - The article outlines the challenges China faces in promoting the internationalization of the Renminbi, including the need for a credible asset backing and the risks associated with private stablecoin issuance [16][17]. - The Digital Renminbi, issued by the central bank, is positioned as a sovereign digital currency that does not rely on external assets, contrasting with privately issued stablecoins [17][18]. - The Digital Renminbi can facilitate faster and cheaper cross-border payments, potentially creating a payment network independent of the SWIFT system, which would enhance financial security [18][19]. Group 5 - Trust and compliance issues are significant hurdles for the global acceptance of the Digital Renminbi, particularly regarding privacy concerns and the need for a widely accepted compliance framework [21][22]. - The integration of the Digital Renminbi into international payment systems requires technological compatibility and regulatory trust among multiple countries [23][24]. - The article emphasizes that the success of the Digital Renminbi as a reserve currency hinges on building a robust asset pool, ensuring liquidity, and establishing a transparent regulatory environment [25][26]. Group 6 - Strategic scenarios for the Digital Renminbi's breakthrough include energy trade settlements and small-scale transactions along the Belt and Road Initiative, which could reduce reliance on the dollar [27][28]. - The article concludes that while the Digital Renminbi may initially serve as a regional settlement currency, it has the potential to gain traction in international reserves over time [28].

Group 1 - Major global economies are attempting to curb the spread of US stablecoins, with a consortium of nine European banks announcing plans to launch a euro-denominated stablecoin to create an alternative to the US-dominated market [1][2] - The rapid response from Europe follows the passage of the US stablecoin bill, with concerns that widespread use of US stablecoins in the Eurozone could undermine the European Central Bank's control over monetary policy [2][3] - A significant statistic indicates that all top ten stablecoins in the global stablecoin system are backed by the US dollar [2] Group 2 - China has also taken swift action by launching the Digital Renminbi International Operation Center in Shanghai, along with cross-border digital payment and blockchain service platforms [4][5] - The internationalization of the renminbi has been primarily driven by trade and cooperation along the Belt and Road Initiative, but progress has been slow due to traditional settlement system inertia and capital controls [5][6] - The dominance of US stablecoins in the digital finance space highlights the competitive landscape for financial rules, with China needing to actively participate to avoid being sidelined [6][10] Group 3 - The article discusses the historical context of the US dollar's dominance, which was established through the Bretton Woods system and further solidified by the petrodollar system [8][9] - Currently, over 90% of global crypto trading volume relies on stablecoins, predominantly pegged to the US dollar, reinforcing the dollar's role as a universal currency [9][10] - The potential risks of relying heavily on the US dollar for China include systemic impacts if the dollar system restricts access to financial resources [11][12] Group 4 - The article emphasizes the urgency for China to promote the internationalization of the renminbi, particularly through the central bank-issued digital renminbi, as a means to enhance financial security [12][18] - The digital renminbi is positioned as a sovereign digital currency that does not rely on external assets, unlike private stablecoins, which could lead to increased financial risks [16][18] - The digital renminbi can facilitate faster and cheaper cross-border payments, addressing inefficiencies in traditional payment systems [18][19] Group 5 - Trust and compliance challenges are highlighted as significant barriers to the global acceptance of the digital renminbi, particularly regarding privacy and regulatory frameworks [21][22] - The article points out that the depth and liquidity of China's bond market are still insufficient compared to the US, which affects international confidence in holding renminbi assets [22][23] - To become a reserve currency, the digital renminbi must address issues related to asset security, exit mechanisms, and institutional transparency [23][24] Group 6 - The article suggests strategic scenarios for the digital renminbi's breakthrough, such as energy trade and regional payment corridors, to reduce reliance on the US dollar [26][27] - The overall conclusion is that the digital renminbi's path to becoming an international reserve currency will require overcoming significant challenges related to trust, liquidity, and regulatory alignment [26][27]

Core Points - The company announced a cooperation framework agreement with Guangdong Tianyi Ma Digital Energy Co., Nano Labs Ltd, and Spectra Digital Technology Group to create a Real World Asset (RWA) ecosystem focused on tokenizing high-quality photovoltaic new energy assets [1][2] - The framework agreement aims to integrate core capabilities in new energy technology, digital finance technology, and asset management to develop the RWA ecosystem [1] - The company will support the issuance of new energy asset RWAs, while Spectra Digital will take on core compliance responsibilities and coordinate resources to ensure orderly project execution [1] Strategic Alignment - The signing of the framework agreement aligns with the company's strategic plan to enter the RWA sector [2] - Through collaboration with partners, the company aims to enhance its expertise and project execution efficiency in the RWA field [2] - The board believes that potential cooperation will accelerate the company's participation in the digital asset and Web3 industries [2]

Core Viewpoint - Starcoin Foundation intends to issue Starcoin tokens, with a distribution model based on existing shareholdings in the company, marking a significant step in integrating traditional finance with blockchain technology [1][2] Group 1: Company Overview - Starcoin Foundation is a non-profit organization established under the laws of the Republic of Panama, focusing on smart contract key management, DAO governance, and token custody for project development and operations [1] - The company has entered into a memorandum of understanding with Starcoin Foundation to initiate a token issuance project, which is the first of its kind directly initiated and recognized by a listed company in Asia [1] Group 2: Token Issuance Details - The token issuance will be based on a model where shareholders will receive one Starcoin token for every ten existing shares held, establishing a direct link between traditional equity and digital assets [1] - Each Starcoin token will be backed by USD assets, aiming to create an integrated on-chain investment banking system focused on the issuance, compliance, and global circulation of real-world assets (RWA) [1] Group 3: Technological Integration - The company plans to leverage blockchain technology to reshape traditional financial processes, aiming to become a key connector between global assets and digital investors [2] - The token issuance will be deployed on the Conflux eSpace public blockchain, enhancing the project's technological foundation [2]

Core Viewpoint - The company has completed the acquisition of a property in Irvine, California, for $4.365 million, and established a wholly-owned subsidiary, ETHK BANK, to enhance its operations in the North American market, focusing on stablecoin and intellectual property securitization [1][2]. Group 1: Property Acquisition - The acquired property, located at 9840 Irvine Center Drive, spans approximately 4,960 square feet and includes a two-story office building of about 9,920 square feet, designed for both office and research purposes [2]. - This property will serve as the company's strategic headquarters in the U.S., supporting the development of stablecoin public chain technology and intellectual property securitization, creating a hub for connecting global innovative assets with capital markets [2]. Group 2: ETHK BANK - ETHK BANK will act as the global operational platform for the company's stablecoin and intellectual property securitization business, managing core business directions including stablecoin licensing and compliance framework establishment [3]. - The company is pursuing a federal payment stablecoin issuer license under the U.S. GENIUS Act and plans to apply for a national trust bank license to create a compliant operational system [3]. - The company is developing an innovative stablecoin architecture that supports the generation of stablecoins pegged to the U.S. dollar through real-world asset collateral, aiming to provide a transparent and sustainable digital asset yield solution [3]. Group 3: Key Project Cooperation - The company has signed a strategic cooperation agreement with Transcenta Holding Limited for the tokenization of innovative drug pipeline assets valued at approximately $1.5 billion, with ETHK BANK leading the initiative [5]. - This project focuses on cutting-edge research in cancer treatment, providing a transparent and professional channel for global investors to access medical assets [5]. Group 4: Future Outlook - The acquisition of the U.S. property and the establishment of ETHK BANK signify the company's strategic upgrade towards becoming a global leader in stablecoin and high-tech intellectual property capital operations [6]. - The company aims to integrate on-chain financial infrastructure with the real economy, aligning with global digital economy trends and potentially opening new growth pathways [6]. - The board believes these initiatives reflect the company's core philosophy of transforming knowledge into capital, ensuring long-term stable returns for shareholders through compliant capital operations and innovative practices [6].

Core Viewpoint - The company has completed the acquisition of a property in Irvine, California, for a total consideration of $4.365 million, and established a wholly-owned subsidiary, ETHKBANK, to enhance its operations in the North American market focusing on stablecoin and intellectual property securitization [1][2]. Group 1 - The acquired property will serve as the company's strategic headquarters in the U.S., supporting the development of stablecoin public chain technology and intellectual property securitization [2]. - The property spans approximately 4,960 square feet (about 0.113 acres) and includes a two-story office building of around 9,920 square feet, designed for both office and research purposes [1]. - The establishment of ETHKBANK aims to create a platform for efficient and transparent conversion of intangible asset values, connecting global innovative assets with capital markets [2]. Group 2 - The company plans to integrate its existing RWA-related business operations from mainland China and Hong Kong into ETHKBANK, optimizing global resource allocation and risk management [2]. - The strategic upgrade towards becoming a leading operator in stablecoin and high-tech intellectual property capital management is expected to align with global trends in digital economy and financial technology innovation [2]. - The board believes that these initiatives will open new growth pathways and enhance the value extraction and efficient circulation of high-quality global assets [2].

Group 1 - The company has completed the acquisition of a property in Irvine, California for a total price of $4.365 million [1] - A wholly-owned subsidiary, ETHKBANK Inc., has been established in Colorado to facilitate stablecoin, medical, and intellectual property securitization transactions in North America [1][2] - The acquisition and establishment of ETHKBANK are strategic moves to enhance global business collaboration and create sustainable long-term value for shareholders and investors [1][2] Group 2 - The property will serve as the company's strategic headquarters in the U.S., focusing on stablecoin public chain technology development and intellectual property securitization [2] - The company plans to integrate its existing RWA-related businesses from mainland China and Hong Kong into ETHKBANK for optimized resource allocation and effective risk management [2] - The board believes that these initiatives will position the company as a leading operator in stablecoin and high-tech intellectual property capital, promoting the integration of blockchain financial infrastructure with the real economy [2]

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） 收購美國物業及設立美國附屬公司ETHK BANK 於美國推進穩定幣及知識產權證券化新征程 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，本 公 司 已 於 近 期 完 成 收 購 位 於 美 國 加 利 福 尼 亞 州 奧 蘭 治 縣 爾 灣 市 一 處 物 業（「該物業」），總 代 價 為436.5萬 美 元。同 時， 本公司於美國科羅拉多州註冊成立全資附屬公 ...

Group 1 - The Shijingshan District of Beijing held the 2025 Jingxian Talent Conference, recognizing 45 new "Jingxian Talents" and awarding them certificates and "Jingxian Cards" [1] - Since the implementation of the "Jingxian Plan" in 2020, a total of 230 talents have been recognized, providing significant talent support for regional development [1] - This year, 45 new talents were recognized, including 18 in technology focusing on information technology, artificial intelligence, and industrial internet; 10 in finance and business services focusing on digital finance and technology services; 7 in cultural creativity focusing on the sci-fi and gaming industry; and 10 in architecture, environmental protection, healthcare, and education [1] Group 2 - The "Jingxian Plan 2.0" was launched, providing exclusive services and funding for "Jingxian Talents," expanding to 12 specialized service measures including government affairs, housing, education, and finance [2] - The fifth "Jingxian Cup" Innovation and Entrepreneurship Competition was officially launched, featuring three specialized industry tracks: "Artificial Intelligence and Robotics," "Sci-Fi and Virtual Reality," and "Industrial Internet and Smart Cities," along with a comprehensive track [2] - The competition aims to attract global talent and explore the entrepreneurial potential of students and graduates, accelerating the transformation of research and development achievements [2]