TechFlow news, December 19: According to Xinbao, Geely Science and Technology Group, under Geely Automobile, plans to convert rare Huanghuali wood into tradable RWA (real-world asset) tokens. Zhao Xiaobao, the company's chief representative in Hainan, said this move could provide financial support to an industry facing cash flow pressures. Geely Science and Technology intends to issue its first batch of tokens in Hong Kong over the coming months, aiming to raise 100 million yuan.
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