Chutianlong: Plans to Offer Partner Banks a Cross-Border Settlement Solution Integrating Stablecoins and SIM Cards

According to Jinse Finance, Chutianlong held an online investor communication meeting. An institutional investor asked: What progress has the company made in the digital currency business in the first half of this year? Chutianlong replied: First, the company's system development business related to digital currency has grown rapidly, with some system platforms already delivered and operating at certain banks; second, the company continues to strengthen its market position in key areas such as digital currency hardware wallets and issuance and acceptance terminals; third, it is jointly advancing cooperation in the field of digital RMB cross-border payments with outstanding partners. In addition, the company is seizing industry opportunities brought by the legalization of virtual asset trading in Hong Kong, planning to build an eSIM management platform for operators and provide partner banks with cross-border settlement solutions that combine stablecoins and SIM cards. As of now, the company's digital currency business revenue has increased compared to previous years, but still accounts for a relatively small proportion of total revenue.