Hong Kong listed company Yuxing Technology has sold 1,220 ETH and exchanged them for 2.4 million USDT and $1 million in cash

Odaily News According to an announcement from the Hong Kong Stock Exchange, Hong Kong-listed Yuxing Technology Investment Holdings Co., Ltd. sold 1,220 ETH on the open market between August 4, 2024 and June 23, 2025, with an average price of US$2,814, and obtained a total of US$3.4 million (approximately HK$26.8 million, excluding transaction costs).
Yuxing Technology also disclosed that between August 4, 2024 and January 17, 2025, the 785 ETH sold were exchanged for 2.4 million USDT, and the remaining 435 ETH were sold on June 23, 2025, for US$1 million in cash (equivalent to HK$7.6 million). The net proceeds from the sale of ETH will be used for the company's general operating funds.