Saturday Jewelry's Strategic Investment in Going Securities to Explore Hong Kong's Digital Asset Market

According to the Hong Kong Stock Exchange announcement, Hong Kong-listed company Saturday Jewelry announced that it has invested in Going Securities (HK) Limited through its wholly-owned subsidiary, HONGKONG CHUANG MEI INTERNATIONAL HOLDINGS GROUP CO., LIMITED, using its own funds. After the transaction, it indirectly holds a 15% equity stake in Going Securities. Additionally, A-share listed company Huafeng Microfiber's wholly-owned subsidiary, Vfone Technology, has also indirectly acquired an 18% equity stake in Going Securities through its wholly-owned subsidiary, SwiftPass HongKong Limited. In the announcement, Saturday Jewelry stated that the parties involved will integrate mature resources in areas such as cross-border payments, precious metals, and capital markets to compliantly expand into digital finance-related businesses, explore new growth opportunities in Hong Kong's digital asset market, and will continue to increase investment based on business development needs.