China Renaissance Holdings Limited (“Huaxing”, “Huaxing”, stock code: 1911.HK) announced a major strategic move: through the signing of a strategic cooperation agreement with renowned investment institution YZi Labs Management Ltd (“YZi Labs”), the two companies will support the development of the BNB and BNB Chain ecosystems and explore transformation opportunities in traditional financial infrastructure.

This partnership is another important step for Huaxing Capital following its announcement of its cryptocurrency investment plan on June 26, 2025, and its strategic deployment in Web 3. According to the announcement, Huaxing Capital plans to empower the BNB Chain ecosystem through its professional financial services capabilities, while prioritizing financial services and investment opportunities for high-quality projects within the ecosystem, thereby expanding the group's Web 3 business and generating positive investment returns.

Since then, Huaxing Capital has become the world's first Hong Kong-listed company to include BNB in its special digital asset allocation.

This collaboration will focus on digital asset financial investment, innovative financial product development, and real-world asset (RWA) fund construction. It aims to integrate Huaxing’s resources and compliance capabilities in traditional finance with YZi Labs’ investment insights and industry leadership in digital assets and cutting-edge technologies to jointly promote the compliant development of financial innovation.

The announcement shows that Huaxing Capital will achieve the following development plans through this cooperation:

1. Asset Allocation

Huaxing Capital plans to invest approximately $100 million in a dedicated fund to allocate BNB. This plan is based on Huaxing's recognition of the value and potential of the BNB Chain ecosystem. BNB Chain is one of the most widely used public blockchains in the world. As the native token of BNB Chain, BNB powers transactions in the form of gas, ensures network security through governance, and serves as a connecting asset for developers and applications across the entire ecosystem.

2. Development of digital asset financial products

China Renaissance will collaborate with China Asset Management (Hong Kong) to jointly develop fund products and other Web 3-related products, and to promote their listing on a virtual asset exchange licensed by the Hong Kong Securities and Futures Commission (SFC). This process and product design will strictly adhere to the compliance requirements of the Hong Kong Securities and Futures Commission (SFC), emphasizing risk management and market transparency.

3. Establishment of RWA Fund

In partnership with YZi Labs, Huaxing Capital will establish a multi-hundred-million-dollar RWA (Real World Assets) fund focused on tokenizing and facilitating the on-chain circulation of traditional assets such as real estate, bonds, and commodities. Leveraging YZi Labs' investment experience in digital assets and Huaxing's strengths in asset issuance and regulatory compliance frameworks, the fund will promote the institutional development of the stablecoin and RWA markets and help Hong Kong-listed companies adopt BNB Chain in relevant application scenarios.

Through this partnership, Huaxing Capital becomes the first Hong Kong-listed company to include BNB in its dedicated digital asset allocation. Through its massive RWA asset fund, Huaxing is promoting blockchain technology adoption among Hong Kong-listed TMT companies. This partnership not only promotes the development and application of the BNB and BNB Chain ecosystems, but also contributes to the transformation of traditional financial infrastructure to digital finance.

Regarding the in-depth strategic cooperation, Ms. Xu Yanqing, Chairman of Huaxing Capital, said: "Our strategic cooperation with YZi Labs is a key step for Huaxing Capital to deepen its layout in the digital asset field. It also extends Huaxing's long-term capabilities in the field of new economic financial services."

Xu Yanqing added, "This collaboration aims to accelerate the widespread adoption and consensus of the BNB ecosystem, while also helping Huaxing Capital achieve a key position in the Web 3 landscape. Through this partnership with YZi Labs, Huaxing Capital will further integrate digital assets into its core financial services, investment banking, and investment businesses, solidifying our leading position in financial innovation and establishing ourselves as the most iconic investment bank in the Web 3 landscape."

"This collaboration will also bring about multiple synergies: As the first Hong Kong-listed company to include BNB in its dedicated digital asset allocation, Huaxing Capital will work with partners such as China Asset Management (Hong Kong) to promote the listing of compliant products and the innovation of more design products. By leveraging the RWA Fund, Huaxing will encourage more companies to adopt blockchain technology. At the same time, relying on YZi Labs' vast ecological resources, Huaxing will expand and help more high-quality projects become unicorn companies in the industry."

Xu Yanqing concluded, "This partnership represents a strategically important opportunity for both parties to complement each other's strengths and deeply empower each other. We believe that the deep financial expertise and resource network accumulated by Huaxing Capital in the Web 2 era, combined with YZi Labs' leading ecosystem in the Web 3 space, will jointly build a vital bridge connecting the traditional economy and the digital future. This partnership will not only open up a more promising second growth curve for Huaxing, but also put us in an optimal position to lead industry transformation, helping more companies transcend boundaries, achieve upgrades, and jointly embrace new heights in the global digital economy."