TechFlow, August 15 — According to Zhitong Caijing, Huajian Medical (01931.HK) announced that the Board considers the purchase and holding of cryptocurrencies as an important measure for strengthening the Group's Ethereum (ETH) reserves and accelerating the development of the ivd.xyz exchange ecosystem, as well as a key component of the Group's asset allocation strategy. After careful consideration, the Board proposes to seek prior shareholder approval to grant a purchase authorization, empowering the Board to conduct potential cryptocurrency purchases over a 36-month period commencing from the date when the ordinary resolution concerning the purchase authorization and potential cryptocurrency acquisitions is formally passed at the extraordinary general meeting, provided that the aggregate purchase amount does not exceed HK$3 billion.
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