Core Viewpoint - Zhonglian Development Holdings (00264) announced a disclosure regarding the acquisition of 20% of the issued share capital of NVTH Limited, indicating ongoing negotiations with relevant parties and the potential expiration of the agreement by September 30, 2025 [1] Group 1: Acquisition Details - The board stated that the acquisition will not proceed according to the terms and conditions outlined in the agreement [1] - The agreement is set to expire on September 30, 2025, if not finalized [1] Group 2: Strategic Partnership - On September 26, 2025, the company signed a non-binding letter of intent with NVTHK Limited, a strategic partner, to explore business development opportunities in the digital asset and Web3 industry [1] - NVTHK Limited is a wholly-owned subsidiary of NVTH Limited, which is 75% owned by NVTSH Limited, with Zhao Jianguo holding an 80% beneficial interest and Lu Rong holding a 20% beneficial interest [1] Group 3: Potential Collaborations - Potential collaborations may include establishing joint ventures, providing proprietary RWA tokenization technology, and/or consulting services related to RWA and Web3 business [1] - The strategic partner is focused on providing blockchain-based RWA tokenization technology infrastructure and connecting traditional finance with decentralized Web3 markets [2] - The board is actively seeking new business opportunities to enhance product development and diversify revenue sources, believing that potential collaborations will accelerate entry into the digital asset and Web3 sectors [2]

Core Insights - New Fire Technology Holdings (01611) saw a significant stock increase, rising over 7% in the afternoon and currently trading at 6.04 HKD with a transaction volume of 23.488 million HKD [1] Group 1: Strategic Partnership - Boya Interactive announced a strategic partnership with New Fire Technology to explore Web3 ecosystem business opportunities within a compliance framework [1] - New Fire Technology will provide digital asset compliance management plans and Web3-related technical solutions to Boya Interactive [1] - The board of Boya Interactive believes this partnership will significantly support its Web3 strategic transformation and enhance its business development in the Web3 sector [1] Group 2: Leadership Changes - As of August 26, Mr. Weng Xiaoqi has been appointed as the Executive Director and CEO of New Fire Technology [1] - Alongside him, key executives from Huobi, including former CTO Guo Wenbin and CFO Zhang Li, have joined New Fire Technology, along with several mid-level and technical staff from Huobi [1] Group 3: Strategic Initiatives - On August 27, Mr. Weng Xiaoqi delivered a keynote speech on "New Stage Strategic Release," outlining the upgraded business landscape and global strategy of New Fire Technology [1] - The company officially announced its upgraded executive team and introduced significant business initiatives such as the "Star Map Plan" and a "500 million USD DAT Special Plan" [1]

Core Viewpoint - New Fire Technology Holdings (01611) has seen a significant stock increase following the announcement of a strategic partnership with Boya Interactive to explore Web3 ecosystem opportunities and compliance frameworks [1] Group 1: Strategic Partnership - Boya Interactive announced a strategic partnership with New Fire Technology to explore Web3 ecosystem business cooperation [1] - New Fire Technology will provide digital asset compliance management plans and Web3-related technical solutions to Boya Interactive [1] - The board of Boya Interactive believes this partnership will significantly support its Web3 strategic transformation [1] Group 2: Management Changes - On August 26, Mr. Weng Xiaoqi was appointed as the Executive Director and CEO of New Fire Technology [1] - Alongside him, key executives from Huobi, including former CTO Guo Wenbin and CFO Zhang Li, joined New Fire Technology [1] - Mr. Weng delivered a keynote speech on August 27, outlining the company's strategic upgrade and global strategy, along with the new executive team [1] Group 3: Major Initiatives - New Fire Technology announced the "Star Map Plan" and a $500 million DAT special plan as part of its significant business initiatives [1]