[FF Launches Crypto Flywheel Spin-Off for Public Listing; New Company to Operate and Fund Independently] According to a report by Jinse Finance, FF has announced that, in line with its overall strategic planning, the company is actively preparing to spin off its Crypto&C10 and crypto-related assets and businesses into an independent entity and push for a public listing. Detailed information will be officially disclosed at the upcoming 919 press conference. This spin-off listing plan will establish two independent publicly listed systems—FFAI and a new company focused on the Crypto Flywheel. While operating independently, the two entities will also achieve strategic synergy and mutual empowerment. This spin-off plan will serve as a new strategic pivot for the company, potentially bringing significant incremental value to FF and its shareholders. (Zhitong Finance)