Chutian Long: Plans to provide stablecoin and SIM card combined cross-border settlement solutions for cooperative banks.
On July 21st, Chu Tianlong held an online investor communication meeting. An institutional investor asked, "What progress has the company made in the digital currency business in the first half of this year?" Chu Tianlong replied that, first, the company's system development business related to digital currency has grown rapidly, and some system platforms have been delivered to a certain bank for operation. Second, the company continues to consolidate its market position in areas of digital currency hardware wallets, issuance, and acceptance terminals. Third, the company is cooperating with excellent partners to promote cooperation in the field of cross-border payments for digital yuan. In addition, the company is seizing industry opportunities brought about by the legalization of virtual asset trading in Hong Kong, planning to build an eSIM management platform for operators, and providing stable coin and SIM card combined cross-border settlement solutions for partner banks. As of now, the revenue from the company's digital currency business has grown compared to previous years, but it accounts for a low proportion of the company's total revenue.
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