China Real Estate Investment (00736) announced that in order to promote the diversification of the company's asset allocation and seize the opportunities of digital economy development, the company has resolved to use its own funds to purchase and hold BNB (Binance Coin) and other suitable digital assets in the open market, under the premise of complying with relevant laws, regulations, and risk control, as the company's strategic reserve assets. The company is optimistic about the long-term development prospects of the digital asset industry and has full confidence in the operating entity behind BNB, its technology research and development, ecological layout, and industry competitiveness, recognizing its long-term development potential and value growth space in the blockchain field.
The funds proposed to be used in this plan will all come from the company's existing own funds. The allocation of funds complies with the company's financial management standards and overall business plan and will not affect the normal operation of the company's daily business. The board of directors will implement purchases in batches within the authorized limit based on market conditions.
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