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TechFlow news, August 8 — According to Zhitongcaijing, International Business Settlement (00147.HK) announced that on August 8, 2025, its wholly-owned subsidiary Chengtai entered into a joint venture agreement with Mr. Chen Sanming to establish a joint venture company. Upon registration, the joint venture will be owned 70% by Chengtai and 30% by Mr. Chen Sanming. The joint venture will primarily engage in crypto-asset-related businesses.
According to Zhitongcaijing, International Business Settlement (00147.HK) announced that on August 8, 2025, the company's wholly-owned subsidiary Chengtai entered into a joint venture agreement with Mr. Chen Sanming to establish a joint venture. Upon incorporation, the joint venture will be owned 70% by Chengtai and 30% by Mr. Chen Sanming. The joint venture will primarily engage in cryptocurrency-related businesses.
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