Hong Kong-listed company Yili Holdings plans to issue blockchain vouchers on Ethereum that can be redeemed for commodities on its platform.

According to ChainCatcher, as announced by the Hong Kong Stock Exchange, Hong Kong-listed company Yili Holdings announced that its wholly-owned subsidiary Yili Graphite Co., Ltd. and Goldpay Limited have signed a cooperation agreement on October 10, 2025, to issue a utility blockchain voucher (code 76 or V76) on Ethereum, with the main application party being its subsidiary. The maximum supply is 1 billion tokens. After issuance, the voucher will be listed on cryptocurrency exchanges and can be traded 24 hours a day with mainstream stablecoins.

Previously, Yili Holdings announced in July this year the issuance of nearly HKD 20 million in convertible bonds for Web3 development.