According to BlockBeats, on August 8, International Commercial Settlement (00147.HK) announced that on August 8, 2025, its wholly-owned subsidiary, Chengtai, and Mr. Chen Sanming entered into a joint venture agreement to establish a joint venture. Upon registration, the joint venture will be owned by Chengtai and Mr. Chen Sanming with a 70% and 30% equity interest, respectively. The joint venture will primarily engage in crypto-asset-related businesses. (Zhitong Finance)