Core Viewpoint - Qianxun Technology (01640) has signed a non-binding memorandum of understanding for a potential acquisition of 100% equity in Web3 fintech company Punk Code Limited for no more than HKD 25 million, aiming to explore blockchain-based financial technology products [1] Group 1 - Qianxun Technology's stock price increased by over 7% during trading, currently up 5.29% at HKD 4.98, with a trading volume of HKD 10.24 million [1] - The acquisition is intended to leverage the company's existing second-hand digital trading business to develop a blockchain wallet and customized blockchain payment solutions for the second-hand digital industry [1] - The target company, Punk Code Limited, was founded in Hong Kong and has a founding team primarily from Tencent, indicating strong industry expertise [1] Group 2 - The board believes that the potential acquisition will enable the company to develop new business opportunities in the blockchain wallet application field, which is experiencing rapid global growth [1] - The acquisition could expand the company's customer base and strengthen its leading position in the industry [1] - The board is confident that if the acquisition is realized, it will effectively enhance the company's core competitive barriers and create strategic leverage for long-term shareholder value enhancement and returns [1]

Core Viewpoint - Qianxun Technology (01640) has signed a non-binding memorandum of understanding for a potential acquisition of 100% equity in Web3 fintech company Punk Code Limited for no more than 25 million HKD, aiming to explore blockchain-based financial technology products [1] Group 1: Acquisition Details - The acquisition price for Punk Code Limited is set at a maximum of 25 million HKD [1] - Punk Code Limited is a Web3 fintech company founded in Hong Kong, with a founding team primarily from Tencent [1] Group 2: Strategic Implications - The board believes that the acquisition will enable the company to develop new business in the blockchain wallet application area, which is experiencing rapid global growth [1] - The acquisition is expected to expand the company's customer base and strengthen its leading position in the industry [1] - The board is confident that if the acquisition is realized, it will effectively enhance the company's core competitive barriers and create strategic leverage for long-term shareholder value enhancement [1]

Group 1 - The company, Qianxun Technology, has signed a non-binding memorandum of understanding for a potential acquisition of 100% equity in Punk Code Technology Hong Kong Limited, with a maximum consideration of HKD 25 million [1] - The final consideration will be determined based on an independent valuation report and the results of the company's due diligence, considering comparable industry transaction prices [1] - The target company is a Web3 fintech firm founded in Hong Kong, with a founding team primarily from Tencent, focusing on blockchain technology and digital asset solutions [2] Group 2 - The potential acquisition is expected to enable the company to develop new business in the blockchain wallet application field, which is rapidly growing globally [3] - The acquisition could expand the company's customer base and strengthen its industry leadership position [3] - The board believes that if the acquisition is realized, it will effectively enhance the company's core competitive barriers and create strategic leverage for long-term shareholder value enhancement [3]

Group 1 - The company, Qianxun Technology, has signed a non-binding memorandum of understanding for a potential acquisition of 100% equity in Punk Code Technology Hong Kong Limited, with a maximum consideration of HKD 25 million [1] - The final consideration will be determined based on an independent valuation report and the results of due diligence, considering comparable industry transaction prices [1] - The target company is a Hong Kong-based Web3 fintech firm, founded by a team with significant experience from Tencent, focusing on blockchain technology and digital asset solutions [2] Group 2 - The potential acquisition is expected to enable the company to develop new business in the blockchain wallet application area, which is rapidly growing globally [3] - This acquisition could expand the company's customer base and strengthen its industry leadership position [3] - The board believes that if the acquisition is realized, it will effectively enhance the company's core competitive barriers and create strategic leverage for long-term shareholder value enhancement [3]