Huajian Medical plans to spend no more than HK$3 billion to purchase cryptocurrency

According to Foresight News, Huajian Medical (01931.HK) issued an announcement that since the Board believes that purchasing and holding cryptocurrencies is an important measure for the Group to consolidate the Ethereum (ETH) reserve vault and accelerate the ecological construction of the ivd.xyz exchange, and is also an important part of the Group's asset allocation strategy. After careful consideration, the Board of Directors recommends seeking shareholders' prior approval to grant purchase authorization to authorize the Board of Directors to formally pass the ordinary resolution on purchasing authorization and potential cryptocurrency purchases at the shareholders' special meeting, the total purchase amount shall not exceed HK$3 billion.
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