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Pharos Signs Subscription and Investment Agreement with Xinjiang Goldwind Science & Technology Co., Ltd. to Accelerate Application of Web3 Technology in New Energy Sector

Summary: According to official sources, Hong Kong-listed new energy company Xinjiang Goldwind Science & Technology Co., Ltd. (00451.HK) has signed a subscription and investment agreement with RealFi's inclusive finance Layer 1 Pharos. Pharos will subscribe to approximately 10% of Xinjiang Goldwind's shares, with Xinjiang Goldwind issuing 1.865 billion subscription shares to Pharos at a price of ...

According to official sources, Hong Kong-listed new energy company Xinjiang Goldwind Science & Technology Co., Ltd. (00451.HK) has signed a subscription and investment agreement with RealFi's inclusive finance Layer 1 Pharos. Pharos will subscribe to approximately 10% of Xinjiang Goldwind's shares, with Xinjiang Goldwind issuing 1.865 billion subscription shares to Pharos at a price of HK$1.033 per share. Through this collaboration, Pharos' expertise in institutional asset tokenization applications will be combined with Xinjiang Goldwind's strong resources and leading position in the new energy sector to accelerate the application of Web3 technology in the new energy sector, creating long-term value for stakeholders and further exploring the transformative potential of blockchain technology in various applications. Additionally, the collaboration will utilize Pharos' Data Asset Token (DAT) framework to transform real-world energy data into blockchain-compliant financial assets.

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