HONBRIDGE (08137) layout RWA new track, joining hands with Eastern Yilin to build a "forestry + finance + blockchain" ecology.

date
08/08/2025
avatar
GMT Eight
Hung Qiao Group (08137) announced that on August 8, 2025, after the close of the market, the company will cooperate with Eastern Yilin Industry...
HONBRIDGE (08137) announced that, after the close of trading on August 8, 2025, the company entered into a non-binding strategic cooperation memorandum with Dongfang Yilin Industrial Co., Ltd. (Dongfang Yilin). Dongfang Yilin is a comprehensive operator of digital forestry assets registered in China. According to the memorandum, the main cooperation content between the two parties is as follows: using Hainan Huanghuali as the underlying asset, they will jointly explore the path of financialization of precious forest assets, promote the industrialization of ecological resources, the capitalization of ecological industries, the productization of ecological capital, and the marketization of ecological products. They plan to build a "precious forest industry resources + finance + blockchain" GREEN ECONOMY closed-loop model, combining the latest trends in RWA (Real World Asset Tokenization), stablecoins, and compliant digital currency issuance. Empowering traditional industries - in-depth transformation and upgrading of the precious forest industry, leading new quality productivity development with technological innovation, activating a multi-billion dollar timber rights trading market, creating a benchmark case for China's timber rights reform, and laying a solid foundation for the formation of a new form of rural and forestry economy in China, promoting rural revitalization and common prosperity. The announcement stated that the group focuses on business models in the resources sector and is dedicated to finding investment opportunities with resilience and stability. Hainan Huanghuali is one of the top five famous woods in the world, possessing scarcity, growth potential, and high value attributes. The proposed cooperation aligns with the group's exploration of potential business development models and strategic deployment requirements.