NORTHKING TECH(SZ:002987)2025-06-23 10:10Group 1: Industry Overview and Company Positioning - The stablecoin market is entering a new compliance development phase following the implementation of Hong Kong's Stablecoin Regulation, presenting significant growth opportunities [3] - The stablecoin ecosystem will involve various participants, including issuing institutions, operating entities, and partner clients, creating business demands for fintech companies [3] - The company has a strong technical foundation in blockchain, smart contracts, and digital currency systems, with three core products: blockchain public service platform, supply chain finance service platform, and unified access system for digital RMB [3] Group 2: Business Development and Client Engagement - The company maintains an open approach to exploring stablecoin business opportunities with various clients, including core discussions with state-owned banks [4] - The company has accumulated valuable experience in the digital RMB system construction and application promotion, which is highly reusable for stablecoin ecosystem development [4] - The company is actively optimizing its business delivery model in Hong Kong, leveraging local teams for digital currency [4] Group 3: Technical Support and Service Offerings - The company provides technical support and system construction for stablecoin issuers, operators, and partner merchants, focusing on compliance and customer needs [4] - The company offers regulatory compliance systems and independent asset custody solutions, as well as digital wallet services for stablecoin management [4] - Potential business opportunities exist across all stages of stablecoin issuance, circulation, and application, with the company positioned to support clients in these areas [4]