Hong Kong listed company Yingyu Universe: plans to seek shareholder approval to purchase cryptocurrencies totaling no more than 100 million US dollars

ChainCatcher news, according to Tonghuashun reports, the Hong Kong-listed company Ying Universe announced that the board of directors believes in the potential of cryptocurrency, and investing in cryptocurrency is crucial for the group's Web3.0 business development strategy and asset allocation strategy.

After careful consideration, the board of directors recommends seeking prior approval from shareholders to grant a purchase authorization, empowering the board to conduct potential cryptocurrency purchases during the authorization period (i.e., twelve months from the date the shareholders formally approve the purchase authorization and potential cryptocurrency purchases at the annual general meeting), with a total amount not exceeding 100 million USD.