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Huajian Medical plans to invest no more than 3 billion HKD to increase its holdings in Crypto Assets.
On August 15, the Hong Kong-listed company Huajian Medical (01931.HK) announced that the board believes that the purchase and holding of Crypto Assets is an important measure for the group to solidify its Ethereum (ETH) reserve treasury and accelerate the business layout and development of the ivd.xyz trading platform ecosystem. It is also an important part of the group's asset allocation strategy. After careful consideration, the board recommends seeking prior approval from shareholders to grant purchase authorization, allowing the board to conduct potential Crypto Assets purchases within 36 months from the date of the ordinary resolution formally passed at the shareholders' special meeting, with a total purchase amount not exceeding 3 billion HKD.