Yunfeng Fin (00376) jointly releases the world's largest "carbon chain" plan with Australian Carbon to solve the difficult problem of high-quality carbon credit with RWA.

On August 29, YUNFENG FIN (00376) and the Macau International Carbon Emissions Exchange (referred to as "Macau Carbon Exchange") announced the completion of the comprehensive on-chain data trading of carbon credit assets, officially launching the first "Carbon Trading BlockChain" (Carbon Trading Blockchain) program focusing on high-quality carbon credits. This move is an important strategic layout in the Web3 field for YUNFENG FIN and Macau Carbon Exchange, aiming to build a new generation of infrastructure for the global green asset market and create a trustworthy and efficient new ecosystem for the carbon market. It is understood that this program is part of a brand-new Web3 carbon infrastructure being built by YUNFENG FIN and Yunfeng Fund jointly invested in Macau Carbon Exchange. The platform will be an innovative attempt and effective supplement to traditional carbon trading markets and green power certificate markets, with the technology being implemented by the YUNFENG FIN blockchain team. The program reflects YUNFENG FIN's important transformation towards the Web3 field, as well as Yunfeng Fund's practice of responsible investment and ESG creating long-term value. Macau Carbon Exchange has currently traded over 1 million tons of carbon credits and 200,000 green certificates. Its trading customers include leading companies such as a Brazilian forestry group, China International Capital Corporation (CICC), Mitsubishi Electric, and China National Building Material Green Energy. The global carbon credit market is currently facing a crisis of trust in quality, with issues such as "greenwashing" and double counting being prevalent. The authenticity and incremental nature of projects are in doubt, coupled with inconsistent standards and lack of transparency, making it difficult for the value of high-quality projects to be recognized. Investors face high reputation risks and trust costs, hindering the market size and healthy development. The "Carbon Trading BlockChain" program is a solution to the above pain points, providing a blockchain technology to give every green asset a digitally traceable identity throughout its lifecycle, creating a trustworthy and efficient new ecosystem for the carbon market. The program will put the entire process of carbon credit development, issuance, trading, and cancellation on the chain, forming a closed-loop management to ensure full lifecycle transparency and traceability, promoting the deep integration of the real value and digital attributes of carbon assets, facilitating the connection between global capital and high-quality carbon projects, and truly unleashing the potential of the carbon market.