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Huaxing Capital appoints new independent non-executive directors, fully enters the field of digital currency
Summary: According to reports, Huaxing Capital Holdings Limited (stock code: 1911) issued two announcements regarding personnel adjustments and major business strategies. On the personnel front, with the approval of the board of directors, Mr. Frank Fu Kan was appointed as an independent non-executive director, a member of the company's audit committee, remuneration committee, and nomination committee, ...
According to reports, Huaxing Capital Holdings Limited (stock code: 1911) issued two announcements regarding personnel adjustments and major business strategies. On the personnel front, with the approval of the board of directors, Mr. Frank Fu Kan was appointed as an independent non-executive director, a member of the company's audit committee, remuneration committee, and nomination committee, and Ms. Chen Jiali was appointed as an independent non-executive director, chairman of the audit committee, and member of the nomination committee.
At the same time, the board of directors announced that while consolidating Huaxing's existing business, they will enter the WEB 3.0 and digital asset fields, approving a total budget of $100 million to be used over the next two years for developing the company's WEB 3.0 business and investing in digital currency assets. The company will also increase its investment and development efforts in stablecoins, RWA (real-world assets), and the entire ecosystem surrounding digital assets, while actively expanding the application and upgrading of relevant business licenses.
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Link: Huaxing Capital appoints new independent non-executive directors, fully enters the field of digital currency [Copy]
