Group 1 - The core management team of Ant Group remains unchanged, with Han Xinyi becoming the legal representative while continuing as CEO, and Jing Xiandong focusing on his role as Chairman [1] - Han Xinyi has been with Ant Group since May 2014, holding various positions including CFO and President before becoming CEO in March 2025 [1] - Han Xinyi previously worked at Alibaba Group and China International Capital Corporation, holding significant roles in investment banking and corporate finance [1] Group 2 - Ant Group is planning to apply for stablecoin licenses in Hong Kong and Singapore, leading to a significant rise in its stock prices [2] - The stablecoin initiative involves two subsidiaries: Ant International based in Singapore and Ant Digital Technologies based in Hong Kong [2] - Ant International will operate independently in 2024, focusing on services like Alipay+, Antom, WorldFirst, and ANEXT Bank [2]