NetDragon, a Hong Kong-listed company, reported a loss of 55.21 million yuan from cryptocurrency investments in the first half of the year

Chain Catcher news, Hong Kong-listed company Wanlong announced in its semi-annual report released yesterday that as of June 30, due to the turbulence in the cryptocurrency market, it recognized an impairment loss of 55.21 million yuan on its cryptocurrency investments. In the previously released 2021 annual report, the company stated that the book value of its held cryptocurrencies was 127 million yuan.

Previously, in November last year, the company's overseas subsidiary issued the NEO Pet series NFTs on Solana, with a total of 4,233 NFTs sold, generating sales of 8,708 SOL. (source link)