ZHAOJIN MINING (01818) joins hands with Ant Group to explore the tokenization and digital upgrade of overseas gold assets.

date
19:15 03/11/2025
avatar
GMT Eight
On November 3, at the Hong Kong FinTech Week, Hong Kong Zhaojin Mining Industry Co., Ltd., a subsidiary of Zhaojin Mining (01818), signed a strategic cooperation memorandum with SigmaLayer Company Limited, a member company of the commercialization sector of Ant Group Technology (Ant Financial Technology).
On November 3, 2025, during the Hong Kong Fintech Week, Hong Kong ZHAOJIN MINING Co., Ltd., a subsidiary of ZHAOJIN MINING (01818), and SigmaLayer Company Limited, a member company under the commercialization sector of Ant Group's Ant Financial Technology (Ant Financial Science and Technology), signed a strategic cooperation memorandum. The two parties will explore innovative applications in the digitalization, tokenization, intelligent risk control, and ESG fields of the gold industry based on Ant Financial Science and Technology's core technology in blockchain and artificial intelligence. Reportedly, Wang Ligang, Executive Director and Vice President of ZHAOJIN MINING, Alan Hui Kin Cheuk, Investment Director of ZHAOJIN MINING and CEO of ZHAOJIN MINING Hong Kong, Bian Zhuoqun, Vice President of Ant Group and President of Ant Financial Science and Technology's blockchain business, and Wang Bo, General Manager of Ant Financial Science and Technology's Strategic Business and Solutions Division, attended the signing ceremony that day. According to the memorandum, the initial cooperation between the two parties will focus on three main directions. Firstly, the construction and exploration of overseas gold asset digitalization and tokenization scenarios; secondly, AI-driven intelligent supply chain and risk control systems; and thirdly, trustworthy value transmission in the sustainable and ESG fields. During the meeting, Alan Hui Kin Cheuk, Investment Director of ZHAOJIN MINING and CEO of ZHAOJIN MINING Hong Kong, delivered a keynote speech titled "Grasping the New Opportunities of Blockchain Technology to Drive the New Momentum of the Gold Industry." Hui Kin Cheuk stated, "Through collaboration with Ant Financial Science and Technology, leveraging their technical capabilities and infrastructure in blockchain, we can explore being the first to put overseas gold holdings owned by ZHAOJIN MINING on chain to tokenize overseas physical gold, thereby driving new momentum in the gold industry and bringing gold to life on the chain." Wang Bo of Ant Financial Science and Technology remarked, "This collaboration starts with the ownership and credible circulation of overseas gold assets, leveraging blockchain and AI technology to assist ZHAOJIN MINING in achieving supply chain visibility and refined risk control. We hope to use technology to explore a practical and feasible path for digitizing physical assets." This collaboration aims to enhance the transparency, efficiency, and credibility of the gold industry chain through technological empowerment, setting a new benchmark for the industry's digital transformation. In the future, the two parties plan to continue exploring more innovative scenarios based on this collaboration and jointly propel the gold industry towards intelligent and green transformation.