According to Mlion.ai, according to Cailianshe, Sanwei Xinan said on the interactive platform that the company attaches great importance to Web3.0 related applications, including stablecoin business. Stablecoin, as a digital currency, is widely used in cross-border payment scenarios, and cryptographic technology, as the underlying support, will play a key role. Sanwei Xinan is currently involved in virtual currency and stablecoin business in Hong Kong. With long-term accumulated cryptographic technology and project delivery experience, the company provides security for these businesses.
A-share Sanwei Xinan deploys virtual currency business in Hong Kong: Cryptography technology leader rushes to the Web3.0 blue ocean market
Welcome to Mlion's news analysis. Today, Sanwei Xinan revealed on the interactive platform that it has participated in the virtual currency and stable currency business in Hong Kong, which undoubtedly injected strong Web3.0 concept momentum into this A-share cryptographic technology leader. Let us deeply analyze the deep value behind this blockbuster news.
News subject background introduction
Sanwei Security Technology Co., Ltd. is a major cryptographic infrastructure provider in China. Founded in 2008 and headquartered in Beijing, it focuses on innovative breakthroughs in key cryptographic technologies and the development of core products. As a national high-tech enterprise and a national key "little giant" enterprise, Sanwei Security has significant competitive advantages in the field of commercial cryptography and is the first manufacturer to successfully implement PCIe cryptographic card hardware virtualization in a full-trusted innovation environment. The company has established subsidiaries in Hong Kong, Singapore and other places, and has the foundation for international layout.
It is worth noting that Hong Kong is at a critical juncture in virtual currency regulation. The [(Stablecoin Ordinance) came into effect this year](https://news.qq.com/rain/a/20250604A03G6G00), making Hong Kong the first jurisdiction in the world to establish a comprehensive regulatory framework for fiat-collateralized stablecoins. Many institutions have actively filed applications, and the market is paying close attention.
In-depth news insights
1. Cryptographic technology advantages are perfectly matched with Web3.0 infrastructure requirements
Sanwei Xinan's deep accumulation in the field of cryptographic technology is the core support for Web3.0 and stablecoin business. [As a technology leader that has won the National Cryptography Technology Award eight times](https://finance.sina.com.cn/stock/relnews/cn/2025-02-21/doc-inemekkw2029352.shtml), the company has achieved independent control and technological leadership in the field of cryptographic chips. The security of blockchain and stablecoins essentially relies on cryptographic technology, including core technologies such as digital signatures, hash algorithms, encryption and decryption, which are the traditional advantages of Sanwei Xinan. With the development of [Web3 technology promoting decentralized financial services](https://hkuspace.hku.hk/cht/event/20250607/future-developments-of-ai-and-web3-in-the-new-era-of-intelligent-finance), the demand for underlying cryptographic security technology will show explosive growth.
2. Strategic beachhead in Hong Kong’s stablecoin regulatory dividend period
Sanwei Xinan's choice to deploy virtual currency and stablecoin business in Hong Kong can be regarded as a precise strategic layout. [The implementation of the Hong Kong (Stablecoin Ordinance)](https://www.sohu.com/a/907336201_163278) marks the establishment of the world's first stablecoin full-chain regulatory framework, which creates huge market opportunities for compliant companies. [Ant Digits has initiated applications and has communicated with regulators for multiple rounds, and JD CoinChain Technology has also been selected for the first batch of "Stablecoin Sandbox"](https://news.cnyes.com/news/id/6024044), showing the strong attention of Internet giants to this market. Sanwei Xinan, with its professional capabilities in the field of cryptographic technology and the geographical advantages of its Hong Kong subsidiary, is expected to gain a first-mover advantage in this round of regulatory dividend period.
3. Huge market space for cross-border payment scenarios released
The revolutionary advantages of stablecoins in the field of cross-border payments are rapidly emerging. [According to statistics from the Bank for International Settlements, the time efficiency of cross-border payments using stablecoins is increased by more than 100 times, and the transfer cost is reduced by more than 10 times](https://finance.sina.cn/blockchain/2025-06-05/detail-ineyyzve3520194.d.html). In the test case of JD Group's Southeast Asian durian trade, [stablecoin payments shortened the settlement cycle from 30 days to minutes](https://www.mpaypass.com.cn/news/202506/25175329.html). This disruptive efficiency improvement has created a huge market demand for Sanwei Xin'an's cryptographic technology services. As a provider of underlying security technology, the company will continue to benefit from the rapid development of the entire cross-border payment ecosystem.
4. A-share market strongly favors Web3.0 concept stocks
The current A-share market is showing a strong preference for emerging technology concepts. [Recently, the downward momentum of A-shares is weak, but the upward momentum is strong, and the market is more concerned about long-term positive factors](https://www.thepaper.cn/newsDetail_forward_31063159), while [computers, national defense and military industry, and non-bank financial performance are outstanding](https://finance.sina.com.cn/money/fund/fundzmt/2025-06-30/doc-infcvier0064246.shtml). As a dual-attribute target with both cryptographic technology strength and Web3.0 concepts, Sanwei Xinan has strong appeal in the context of market funds looking for high-quality technology growth stocks. The company's clear statement of participating in Hong Kong's virtual currency business has injected it with pure Web3.0 genes.
5. The moat effect of technological barriers
The deep moat that Sanwei Xinan has built in the field of cryptographic technology will play a greater role in the Web3.0 era. [The company is one of the few companies in China that has a full-chain cryptographic product system](https://www.cnstock.com/commonDetail/458640), with a complete product line from cryptographic chips, cryptographic boards to cryptographic machines and systems, providing it with a full range of technical support capabilities in the field of virtual currency and stablecoins. With the continuous integration and development of [blockchain, artificial intelligence, big data and other technologies](https://www.pbids.com/news/1861294808108208128), the company's technological advantages will be further magnified, forming a competitive barrier that is difficult to replicate.
Market Outlook
Comprehensive analysis shows that Sanwei Xinan's layout of Hong Kong's virtual currency and stablecoin business is not only an extension of its traditional cryptographic technology advantages, but also a forward-looking grasp of the huge market opportunities in the Web3.0 era. With the establishment of Hong Kong's stablecoin regulatory framework, the explosion of cross-border payment demand, and the A-share market's preference for technology concepts, the company is expected to usher in a double increase in performance and valuation.
| Dimension | Traditional Business | Web3.0 New Business | Growth Potential |
|------|----------|--------------|----------|
| Market size | Domestic crypto market | Global Web3.0 market | More than 10 times expansion |
| Technical threshold | High | Extremely high | Deepening moat |
| Policy environment | Mature | Emerging friendly | Regulatory dividend period |
| Profit model | Product sales | Service + product | Diversified income |
Looking ahead, as more countries and regions establish stablecoin regulatory frameworks and Web3.0 applications become widely popularized, Sanwei Xin'an is expected to achieve leapfrog development in this round of technological change with its deep accumulation in the field of cryptographic technology and the first-mover advantage of its Hong Kong business.
Thank you for reading Mlion's news analysis.
Disclaimer: The above content is AI’s opinion and is for reference only and does not constitute investment advice.
Source: mlion.ai