chutianlong

ChainCatcher news, according to Zhitong Finance, Chutianlong held an online investor communication meeting on July 21. An institutional investor asked: What progress has the company made in the digital currency business in the first half of this year? Chutianlong replied that, first, the company's system development business related to digital currency has grown rapidly, and some system platforms have been delivered for operation by a certain bank; second, the company continues to consolidate its market position in advantageous areas such as digital currency hardware wallets and issuance and acceptance terminals; third, the company is jointly promoting cooperation in the field of cross-border payments with excellent 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 providing cross-border settlement solutions that combine stablecoins and SIM cards for partner banks. As of now, the company's digital currency business revenue has seen certain growth compared to previous years, but it still accounts for a relatively low proportion of the company's total revenue.

ChainCatcher news, according to Jinshi reports, Chutianlong issued a notice of abnormal fluctuations, stating that the company's stock price has increased by more than 20% cumulatively over the last two trading days.The company has noticed that there is a high level of market attention on digital renminbi recently. In recent years, the company has actively explored and promoted projects such as the implementation of digital currency bridges, smart contract design, and optimization of cross-border settlement. However, it faces risks related to new technology research and development and commercial applications not meeting expectations. There is still significant uncertainty regarding the application scenarios and market scale of some projects or products, and there is a risk of commercial applications not meeting expectations. The company solemnly reminds all investors to make prudent decisions and invest rationally.