Core Viewpoint - The announcement by Huajian Medical on September 14 signifies a strategic shift towards integrating the pharmaceutical industry with blockchain finance, indicating a new attempt for Chinese quality assets to go global [1][5]. Group 1: Company Strategy - Huajian Medical is transitioning to focus on digital industries and blockchain finance to create new growth avenues and enhance long-term shareholder value [6]. - The rebranding to "ETHK Labs Inc." reflects the company's new positioning as a key technology and infrastructure provider within the ETHK blockchain financial ecosystem [6][11]. - The establishment of ETHK INC and ETHK HOLDINGS LIMITED aims to develop a decentralized financial platform and serve as an investment and acquisition hub for digital industries [7][11]. Group 2: Global Asset Tokenization - Huajian Medical's strategy includes exploring the tokenization of global assets, particularly focusing on the tokenization of equity assets, which allows for efficient and compliant global financing and value discovery [9]. - The initiative aims to convert research outcomes and intellectual property into tradable digital assets, broadening financing channels for companies [9]. Group 3: Compliance and Security - The joint venture emphasizes compliance and security, seeking relevant financial and payment licenses globally, and establishing a comprehensive compliance framework [10]. - The framework includes KYC, AML, and CFT procedures, along with risk management tools to ensure the secure circulation of innovative assets on the blockchain [10]. Group 4: Strategic Significance - The collaboration with ETHK Group represents a significant upgrade in Huajian Medical's strategy, aligning with the global trend of financial asset digitization and blockchain integration [11]. - This strategic layout provides a broader platform for quality assets and diverse investment opportunities while ensuring safety through a strict compliance framework [11]. Group 5: Future Considerations - The development of the blockchain financial ecosystem is still in its early stages, facing challenges in technology, regulation, and market perception [13]. - Key questions include how to overcome technical barriers, establish a unified regulatory framework, and enhance market participants' understanding of blockchain finance [13].

Core Viewpoint - Huajian Medical (01931) has announced a strategic upgrade, including the establishment of two joint ventures with ETHK Group and a name change to reflect its transformation into a digital industry innovator [1][4][5]. Group 1: Strategic Transformation - The company has formed joint ventures, ETHK Inc and ETHK HOLDINGS LIMITED, to enhance its global blockchain financial ecosystem [5]. - ETHK Inc will focus on developing a decentralized financial platform under the "ETHK" brand, while ETHK HOLDINGS LIMITED will serve as a digital industry investment and acquisition hub [5]. - The company will change its name from "IVD Medical Holding Limited" to "ETHK Labs Inc." and its Chinese name to "华检数字产业集团有限公司" [4][5]. Group 2: Blockchain Financial Ecosystem - The "ETHK" brand name combines "Ether" and "Kingdom," symbolizing a decentralized financial ecosystem that aligns with blockchain technology [9]. - ETHK Labs will be the core institution for advanced technology research and ecosystem empowerment within the ETHK framework [9]. - The company aims to redefine global asset circulation and value exchange through a next-generation blockchain financial ecosystem [9]. Group 3: RWA Market Opportunity - The transformation aligns with the explosive growth of the Real World Asset (RWA) market, which saw a total locked value (TVL) of $12.5 billion as of June 2025, a 124% increase from 2024 [10]. - The RWA market surged from $8.6 billion to over $23 billion in the first half of 2025, marking a growth of over 260% [11]. - By establishing joint ventures and rebranding, the company positions itself to lead the global RWA infrastructure development [11]. Group 4: Value Reconstruction - The strategic upgrade aims to enhance China's global digital financial influence by facilitating the "on-chain" movement of quality Chinese assets [12]. - The blockchain financial model promotes transparency and efficiency, addressing financing challenges for enterprises and supporting global asset integration [13]. - The transformation signifies a shift in valuation logic from traditional earnings-based models to revenue-based models, reflecting the company's new focus on digital infrastructure [13].

Core Viewpoint - Huajian Medical (1931.HK) has announced a strategic partnership with ETHK Group to establish two new companies, ETHK Inc and ETHK HOLDINGS LIMITED, aimed at enhancing its position in the blockchain financial ecosystem [1] Group 1: Strategic Partnership - The collaboration with ETHK Group signifies a strategic upgrade for Huajian Medical as a provider of blockchain financial infrastructure [1] - ETHK Inc will focus on creating a compliant and open decentralized financial platform [1] - ETHK HOLDINGS LIMITED will be responsible for global digital industry investments and mergers and acquisitions [1] Group 2: Business Model - The new companies will integrate resources through a "assets-funds-licenses" triad model [1] - This initiative aims to promote the overseas expansion of quality Chinese assets [1] - The partnership seeks to establish a new paradigm for global value flow [1]

Group 1 - The company has recently formed a partnership with ETHK Group to establish two new companies, ETHK Inc and ETHK HOLDINGS LIMITED, which will become subsidiaries and their financial performance will be included in the group's consolidated financial statements [1] - ETHK Inc will focus on operating and developing the "ETHK" core brand, aiming to create a safe, efficient, compliant, and open decentralized financial platform through technological innovation and ecosystem integration [1] - ETHK HOLDINGS LIMITED will serve as a digital industry investment and acquisition hub, strategically integrating core assets, long-term institutional funding, and licensed financial institutions to create a self-sustaining growth model for the ETHK ecosystem [1] Group 2 - The board believes that the establishment of the joint venture aligns with the overall interests of the company and its shareholders, marking a significant step into the promising field of global on-chain finance [2] - The board expresses confidence in the future development prospects of the "ETHK" ecosystem as part of the company's innovation-driven development strategy [2]

Core Viewpoint - The company has entered into a partnership with ETHK Group to establish two new companies, ETHK Inc and ETHK HOLDINGS LIMITED, which will be incorporated into the company's consolidated financial statements [1][2]. Group 1: Company Overview - ETHK Group is an investment holding group focused on the global blockchain financial ecosystem, aiming to build the next-generation blockchain financial kingdom named "ETHK" [1]. - ETHK Inc will focus on operating and developing the "ETHK" core brand, aiming to create a secure, efficient, compliant, and open decentralized financial platform [1]. - ETHK HOLDINGS LIMITED will serve as a central hub for digital industry investment and mergers, focusing on asset completion, capital activation, and compliance strengthening [2]. Group 2: Strategic Goals - The partnership aligns with the group's strategy to build a Real World Asset (RWA) platform technology ecosystem and explore blockchain finance [3]. - The initiative aims to expand from focusing on RWA transactions to a comprehensive blockchain financial ecosystem that includes technology infrastructure, asset categories, business models, and global compliance [3]. - The group aims to participate in and lead the process of "on-chain" integration of quality Chinese assets and efficient global asset circulation, creating a new long-term growth trajectory [3].

Core Viewpoint - The company has entered into a partnership with ETHK Group to establish two new companies, ETHK Inc and ETHK HOLDINGS LIMITED, which will become subsidiaries and be included in the group's consolidated financial statements [1][2] Group 1: Company Overview - ETHK Inc will focus on operating and developing the "ETHK" core brand, aiming to create a safe, efficient, compliant, and open decentralized financial platform through technological innovation and ecosystem integration [1] - ETHK HOLDINGS LIMITED will serve as a digital industry investment and acquisition hub, strategically focusing on asset completion, capital activation, and compliance strengthening [1] Group 2: Strategic Goals - The strategy involves a three-pronged approach of "assets-capital-licenses" to identify and integrate key industry players with core assets, long-term funding institutions, and licensed financial entities globally [1] - The goal is to create a self-sustaining growth cycle that provides high-quality, scalable, and sustainable resource pools and value buffers for ETHK Inc and the entire ecosystem, thereby enhancing long-term competitive barriers and future value release potential [1] Group 3: Board Perspective - The board believes that the establishment of the joint venture aligns with the overall interests of the company and its shareholders, marking a significant step into the promising emerging field of global on-chain finance [2] - The board expresses confidence in the future development prospects of the "ETHK" ecosystem [2]