According to Odaily Planet Daily, Xing Capital Holdings Limited (stock code: 1911) announced the appointment of Mr. Frank Fu Kan and Ms. Chen Jiali as independent non-executive directors and committee members.
At the same time, the Board of Directors announced its entry into the WEB 3.0 and digital asset fields, approving a budget of $100 million for the development of WEB 3.0 business and investment in digital currency assets over the next two years. The company will increase its investment in stablecoins, RWA, and the digital asset ecosystem, and will expand its applications and upgrades for related business licenses.