A Hong Kong listed company has established a joint venture for international business settlement, engaging in encryption asset-related activities.

According to Mars Finance, on August 8, the International Commercial Settlement (00147.HK) announced that on August 8, 2025, its wholly-owned subsidiary Chengtai signed a joint venture agreement with Mr. Chen Sanming to establish a joint venture. After registration, the joint venture will be owned 70% by Chengtai and 30% by Mr. Chen Sanming. The joint venture will mainly engage in businesses related to encryption assets. (Zhitong Finance)

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