Weng Xiaoqi, Executive Director and CEO of Xinhua Technology, officially announced the new strategic plan of Xinhua Technology to build the largest private banking level digital asset custodian in Asia.
Abstract: New Fire Technology's new strategic development plan is unveiled, aiming to build the largest private banking-level digital asset custodian in Asia and become the "Goldman Sachs" of the encryption industry, a flagship encryption concept stock in Hong Kong.
The Hong Kong-listed company New Fire Technology (1611.HK) successfully held the "Hong Kong Blockchain Summit Forum - and New Fire Technology Strategic Launch Conference" at the Grand Hyatt Hong Kong. This forum was jointly organized by New Fire Technology, Avenir Group, the Greater Bay Area Financial Association, Alibaba Cloud, and StoneLink, with strategic support from AWS, OSL, and Boya Interactive. The forum brought together representatives from government, academia, and industry to focus on discussing the future development trends of Web 3 technology and the digital economy, revealing cutting-edge technological development trends and industry insights.
The guest lineup for this forum includes regulatory representatives, academic experts, and industry leaders. In the opening speech, Professor Lin Chen, Vice President (Business Strategy) of the University of Hong Kong and Director of the Financial Innovation and Development Research Center, first analyzed the logic of digital financial innovation from an academic perspective. Subsequently, Sir Chen Haolan, Deputy Secretary for Financial Services and the Treasury of the Hong Kong Special Administrative Region Government, member of the National Committee of the Chinese People's Political Consultative Conference, Chairman of the Legislative Council's Web 3 and Virtual Asset Development Subcommittee, Mr. Wu Jiezhuang, and Mr. Kong Jianping, founder of Nano Labs and director of Hong Kong Cyberport, delivered opening remarks, interpreting Hong Kong's digital financial policy orientation and development planning.
As the biggest highlight of this forum, the "New Fire Technology Strategic Release Session" attracted the focus and attention of the entire audience. The newly appointed Executive Director and CEO of New Fire Technology, Weng Xiaoqi, officially made his debut and delivered a keynote speech on the theme of "New Stage Strategic Release." He systematically introduced the business landscape and globalization strategy after the strategic upgrade of New Fire Technology, publicly unveiled the executive team lineup after the company's strategic upgrade, and announced significant business initiatives such as the "Star Map Plan" and the "500 Million USD DAT Special Plan."
The four core challenges faced by users are driving New Fire Technology to undergo a strategic upgrade.
At the beginning of the strategic release session, Weng Xiaoqi introduced the current overview of the digital currency market. Driven by the favorable expectation of the Federal Reserve's interest rate cuts in September this year, the total market value of digital currencies exceeded 4 trillion USD this month, an increase of 78.54% compared to the same period in 2024. It has surpassed the total market value of silver and the UK stock market, approaching the total market value of the Indian stock market and global oil reserves, second only to gold and the total market value of the US, China, Europe, and Japan stock markets. The wave of encryption assets is surging.
However, for new investors entering this field, there are usually four core difficulties: "trading difficulties," "custody difficulties," "investment difficulties," and "inheritance difficulties." For many traditional high-net-worth clients, they learn through news that Bitcoin has increased many times, but they do not know which compliant channels to use to buy digital assets, where to safely custody them after purchase? Is there a risk of theft? After buying digital assets, can they still use them to invest in stocks? And how can they pass on these digital assets in their wallets to their children in the future? These questions raised by Weng Xiaoqi trouble many high-net-worth investors who have just entered this field.
Weng Xiaoqi pointed out that it is precisely because of the attention to these obstacles for new users entering the market that Xinhuo Technology announced a strategic upgrade, aiming to provide one-stop private banking-level encryption digital asset investment management services for high-net-worth and institutional investors.
In addition to the aforementioned four major challenges, Weng Xiaoqi pointed out that with the rapid development of the global digital asset market and the gradual improvement of regulatory frameworks, the demand from high-net-worth investors for specialized, compliant, and customized digital asset services is becoming increasingly prominent. The integration between traditional financial services and the emerging digital asset field is deepening, leading the industry into a new development stage centered on security, trust, and long-term value. Against this backdrop, digital asset management must not only address the challenges of market volatility and technological innovation but also upgrade customizable service models and build a one-stop product form based on strict compliance with regulatory requirements globally.
Become the "Goldman Sachs" of the encryption industry, building Asia's largest private banking-level digital asset custodian.
Based on the four core challenges faced by users, New Fire Technology proposes to create a "private banking-level digital asset steward" service platform, pioneering a steward-style cryptocurrency purchasing service that provides comprehensive digital asset services for high-net-worth clients, including fiat currency deposits, discounted cryptocurrency purchases, and industry-leading digital asset custody.
Weng Xiaoqi pointed out that New Fire Technology's upgrade of its business layout, with the brand slogan "Buy coins, find New Fire, a private banking-level digital asset steward," breaks the service boundaries of traditional digital asset trading platforms, deeply integrating the customized financial and wealth management service concepts of traditional private banking with blockchain technology and digital financial innovation capabilities. The aim is to create a high-end digital asset wealth management platform entrance covering the entire chain of "trading, custody, investment, and inheritance."
Weng Xiaoqi systematically introduced the business landscape of New Fire Technology after its strategic upgrade through common cases in life, covering the entire chain of products and services from capital inflow and outflow, trading, custody, cross-asset investment to digital asset inheritance, providing the most efficient and professional encryption financial services in the market for high-net-worth individuals and institutional clients, meeting various needs of clients.
At the press conference, Weng Xiaoqi announced the executive team structure of New Fire Technology, officially announced the use of the top-level domain 1611.HK, which is the same as the company's stock code, and launched a series of plans.
The Star Map Project and the $500 million DAT Special Plan are officially launched.
Finally, Weng Xiaoqi announced the two major business expansion plans of New Fire Technology: "Star Map Plan" and "$500 million DAT Special Plan."
The "Star Map Plan" aims to empower 30 financial institutions to jointly build an encryption ecosystem through the resource capabilities of New Fire Technology, promoting the integration and innovation of traditional finance and the digital asset industry. In the initial phase, the plan will be carried out through the WEB 3 Alliance of the Greater Bay Area Financiers Association, assisting traditional financial institutions in rapidly establishing digital asset service capabilities through technology output, compliance consulting, and ecological resource sharing, and jointly creating a new high ground for the digital asset ecosystem in Hong Kong.
Weng Xiaoqi stated: "The 'Star Map Plan' is an important step for us to promote the integrated development of the industry. We believe that through in-depth collaboration with traditional financial institutions, we can accelerate the popularization and application of digital asset technology, and jointly build a more open and compliant industry ecosystem."
The "Encryption Asset Financial Library Special Plan" aims to capture investment opportunities in leading global digital asset financial library projects, locking in the dividends of high-quality DAT assets for clients. This plan will rely on New Fire Technology's leading capabilities in digital asset custody and asset management, providing comprehensive business empowerment support for partners, with an initial expected scale of 500 million dollars.
According to Weng Xiaoqi's introduction, the DAT special plan will focus on investing in leading encryption projects with mature treasury management strategies by strategically investing in their treasury assets and sharing the dividends of digital ecological development. New Fire Technology will fully leverage its advantages of the Hong Kong Securities and Futures Commission licenses of categories 1, 4, and 9, as well as the TCSP trust license, to provide partners with secure and compliant digital asset custody, treasury structure design, liquidity management, and asset allocation services, assisting institutional clients in efficiently participating in the digital treasury asset market.
"The DAT market is becoming a new high ground for the value of the digital ecosystem. We hope to leverage this special program to uncover the treasury asset value of leading projects for our clients, while providing partners with end-to-end digital treasury asset management solutions," said Weng Xiaoqi.
The launch of this plan will further consolidate New Fire Technology's leading position in the field of digital asset innovation investment and assist institutional clients in seizing new opportunities in the development of the digital economy.
New Fire Technology signs a strategic cooperation agreement with five leading institutions.
After the release of the new strategic plan by New Fire Technology, Weng Xiaoqi, on behalf of New Fire Technology, signed strategic cooperation agreements with OSL Group, Bosera Asset Management (International) Co., Ltd. ("Bosera International"), Boya Interactive (0434.HK), SlowMist Technology, and Summer Capital.
Weng Xiaoqi first signed a strategic cooperation agreement with Cui Song, the Executive Director and CEO of OSL Group. Both parties will conduct forward-looking exploration in the fields of over-the-counter (OTC) services for high-net-worth clients and RWA. Leveraging their advantages in listing and licensing, they will integrate New Fire Technology's professional experience in private banking-level digital asset management with OSL's leading capabilities in custody and institutional investment services to jointly create a secure, compliant, and innovative investment ecosystem.
Zhang Lianfeng, the partner and Chief Information Security Officer of SlowMist Technology, signed a contract on-site with Weng Xiaoqi and announced the formal establishment of a strategic partnership. Both parties will actively cooperate in security business in areas such as digital asset ecosystem security, digital asset anti-money laundering (AML), and cutting-edge security technology research.
After that, Weng Xiaoqi signed a strategic cooperation agreement with Pang Lizhong, the Deputy General Manager of Bosera Fund International ( Co., Ltd. The two parties will mainly cooperate in several areas, including digital asset trading, private banking-level service system interconnection, digital asset custody, and asset management. Both sides intend to interact deeply in product development, customer service and related support, investment consulting, and other fields based on their own professional capabilities and compliance experience, jointly exploring to provide industry-leading digital asset services for high-net-worth individuals.
Zhang Wei, the founder of Boya Interactive, attended the meeting and signed a strategic cooperation agreement with Weng Xiaoqi. As the largest encryption treasury in Hong Kong, Boya Interactive has a natural demand for asset value returns. Xinhua Technology has a natural advantage in this regard, therefore, Xinhua Technology will engage in in-depth discussions with Boya Interactive on DAT business cooperation based on a compliance framework. In addition, both parties will also carry out pragmatic cooperation in digital asset custody and cross-asset investment.
After signing a strategic cooperation agreement with Mr. Zhu Junwei, Chairman of Summer Capital, Weng Xiaoqi told reporters that the two sides will cooperate around SOL-related DAT business, and Summer Capital will become an important capital partner for New Fire Technology in exploring DAT business.
As the digital asset market enters a new stage of institutionalization and compliance development, New Fire Technology's strategic upgrade has clarified its first strategy as a private banking-level digital asset custodian and sent a signal to the market that New Fire Technology will actively explore the global market in the future, which will provide practical impetus for the compliance and scaling development of the digital asset industry in Hong Kong.
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Weng Xiaoqi, Executive Director and CEO of Xinhua Technology, officially announced the new strategic plan of Xinhua Technology to build the largest private banking level digital asset custodian in Asia.
Abstract: New Fire Technology's new strategic development plan is unveiled, aiming to build the largest private banking-level digital asset custodian in Asia and become the "Goldman Sachs" of the encryption industry, a flagship encryption concept stock in Hong Kong.
The Hong Kong-listed company New Fire Technology (1611.HK) successfully held the "Hong Kong Blockchain Summit Forum - and New Fire Technology Strategic Launch Conference" at the Grand Hyatt Hong Kong. This forum was jointly organized by New Fire Technology, Avenir Group, the Greater Bay Area Financial Association, Alibaba Cloud, and StoneLink, with strategic support from AWS, OSL, and Boya Interactive. The forum brought together representatives from government, academia, and industry to focus on discussing the future development trends of Web 3 technology and the digital economy, revealing cutting-edge technological development trends and industry insights.
The guest lineup for this forum includes regulatory representatives, academic experts, and industry leaders. In the opening speech, Professor Lin Chen, Vice President (Business Strategy) of the University of Hong Kong and Director of the Financial Innovation and Development Research Center, first analyzed the logic of digital financial innovation from an academic perspective. Subsequently, Sir Chen Haolan, Deputy Secretary for Financial Services and the Treasury of the Hong Kong Special Administrative Region Government, member of the National Committee of the Chinese People's Political Consultative Conference, Chairman of the Legislative Council's Web 3 and Virtual Asset Development Subcommittee, Mr. Wu Jiezhuang, and Mr. Kong Jianping, founder of Nano Labs and director of Hong Kong Cyberport, delivered opening remarks, interpreting Hong Kong's digital financial policy orientation and development planning.
As the biggest highlight of this forum, the "New Fire Technology Strategic Release Session" attracted the focus and attention of the entire audience. The newly appointed Executive Director and CEO of New Fire Technology, Weng Xiaoqi, officially made his debut and delivered a keynote speech on the theme of "New Stage Strategic Release." He systematically introduced the business landscape and globalization strategy after the strategic upgrade of New Fire Technology, publicly unveiled the executive team lineup after the company's strategic upgrade, and announced significant business initiatives such as the "Star Map Plan" and the "500 Million USD DAT Special Plan."
The four core challenges faced by users are driving New Fire Technology to undergo a strategic upgrade.
At the beginning of the strategic release session, Weng Xiaoqi introduced the current overview of the digital currency market. Driven by the favorable expectation of the Federal Reserve's interest rate cuts in September this year, the total market value of digital currencies exceeded 4 trillion USD this month, an increase of 78.54% compared to the same period in 2024. It has surpassed the total market value of silver and the UK stock market, approaching the total market value of the Indian stock market and global oil reserves, second only to gold and the total market value of the US, China, Europe, and Japan stock markets. The wave of encryption assets is surging.
However, for new investors entering this field, there are usually four core difficulties: "trading difficulties," "custody difficulties," "investment difficulties," and "inheritance difficulties." For many traditional high-net-worth clients, they learn through news that Bitcoin has increased many times, but they do not know which compliant channels to use to buy digital assets, where to safely custody them after purchase? Is there a risk of theft? After buying digital assets, can they still use them to invest in stocks? And how can they pass on these digital assets in their wallets to their children in the future? These questions raised by Weng Xiaoqi trouble many high-net-worth investors who have just entered this field.
Weng Xiaoqi pointed out that it is precisely because of the attention to these obstacles for new users entering the market that Xinhuo Technology announced a strategic upgrade, aiming to provide one-stop private banking-level encryption digital asset investment management services for high-net-worth and institutional investors.
In addition to the aforementioned four major challenges, Weng Xiaoqi pointed out that with the rapid development of the global digital asset market and the gradual improvement of regulatory frameworks, the demand from high-net-worth investors for specialized, compliant, and customized digital asset services is becoming increasingly prominent. The integration between traditional financial services and the emerging digital asset field is deepening, leading the industry into a new development stage centered on security, trust, and long-term value. Against this backdrop, digital asset management must not only address the challenges of market volatility and technological innovation but also upgrade customizable service models and build a one-stop product form based on strict compliance with regulatory requirements globally.
Become the "Goldman Sachs" of the encryption industry, building Asia's largest private banking-level digital asset custodian.
Based on the four core challenges faced by users, New Fire Technology proposes to create a "private banking-level digital asset steward" service platform, pioneering a steward-style cryptocurrency purchasing service that provides comprehensive digital asset services for high-net-worth clients, including fiat currency deposits, discounted cryptocurrency purchases, and industry-leading digital asset custody.
Weng Xiaoqi pointed out that New Fire Technology's upgrade of its business layout, with the brand slogan "Buy coins, find New Fire, a private banking-level digital asset steward," breaks the service boundaries of traditional digital asset trading platforms, deeply integrating the customized financial and wealth management service concepts of traditional private banking with blockchain technology and digital financial innovation capabilities. The aim is to create a high-end digital asset wealth management platform entrance covering the entire chain of "trading, custody, investment, and inheritance."
Weng Xiaoqi systematically introduced the business landscape of New Fire Technology after its strategic upgrade through common cases in life, covering the entire chain of products and services from capital inflow and outflow, trading, custody, cross-asset investment to digital asset inheritance, providing the most efficient and professional encryption financial services in the market for high-net-worth individuals and institutional clients, meeting various needs of clients.
At the press conference, Weng Xiaoqi announced the executive team structure of New Fire Technology, officially announced the use of the top-level domain 1611.HK, which is the same as the company's stock code, and launched a series of plans.
The Star Map Project and the $500 million DAT Special Plan are officially launched.
Finally, Weng Xiaoqi announced the two major business expansion plans of New Fire Technology: "Star Map Plan" and "$500 million DAT Special Plan."
The "Star Map Plan" aims to empower 30 financial institutions to jointly build an encryption ecosystem through the resource capabilities of New Fire Technology, promoting the integration and innovation of traditional finance and the digital asset industry. In the initial phase, the plan will be carried out through the WEB 3 Alliance of the Greater Bay Area Financiers Association, assisting traditional financial institutions in rapidly establishing digital asset service capabilities through technology output, compliance consulting, and ecological resource sharing, and jointly creating a new high ground for the digital asset ecosystem in Hong Kong.
Weng Xiaoqi stated: "The 'Star Map Plan' is an important step for us to promote the integrated development of the industry. We believe that through in-depth collaboration with traditional financial institutions, we can accelerate the popularization and application of digital asset technology, and jointly build a more open and compliant industry ecosystem."
The "Encryption Asset Financial Library Special Plan" aims to capture investment opportunities in leading global digital asset financial library projects, locking in the dividends of high-quality DAT assets for clients. This plan will rely on New Fire Technology's leading capabilities in digital asset custody and asset management, providing comprehensive business empowerment support for partners, with an initial expected scale of 500 million dollars.
According to Weng Xiaoqi's introduction, the DAT special plan will focus on investing in leading encryption projects with mature treasury management strategies by strategically investing in their treasury assets and sharing the dividends of digital ecological development. New Fire Technology will fully leverage its advantages of the Hong Kong Securities and Futures Commission licenses of categories 1, 4, and 9, as well as the TCSP trust license, to provide partners with secure and compliant digital asset custody, treasury structure design, liquidity management, and asset allocation services, assisting institutional clients in efficiently participating in the digital treasury asset market.
"The DAT market is becoming a new high ground for the value of the digital ecosystem. We hope to leverage this special program to uncover the treasury asset value of leading projects for our clients, while providing partners with end-to-end digital treasury asset management solutions," said Weng Xiaoqi.
The launch of this plan will further consolidate New Fire Technology's leading position in the field of digital asset innovation investment and assist institutional clients in seizing new opportunities in the development of the digital economy.
New Fire Technology signs a strategic cooperation agreement with five leading institutions.
After the release of the new strategic plan by New Fire Technology, Weng Xiaoqi, on behalf of New Fire Technology, signed strategic cooperation agreements with OSL Group, Bosera Asset Management (International) Co., Ltd. ("Bosera International"), Boya Interactive (0434.HK), SlowMist Technology, and Summer Capital.
Weng Xiaoqi first signed a strategic cooperation agreement with Cui Song, the Executive Director and CEO of OSL Group. Both parties will conduct forward-looking exploration in the fields of over-the-counter (OTC) services for high-net-worth clients and RWA. Leveraging their advantages in listing and licensing, they will integrate New Fire Technology's professional experience in private banking-level digital asset management with OSL's leading capabilities in custody and institutional investment services to jointly create a secure, compliant, and innovative investment ecosystem.
Zhang Lianfeng, the partner and Chief Information Security Officer of SlowMist Technology, signed a contract on-site with Weng Xiaoqi and announced the formal establishment of a strategic partnership. Both parties will actively cooperate in security business in areas such as digital asset ecosystem security, digital asset anti-money laundering (AML), and cutting-edge security technology research.
After that, Weng Xiaoqi signed a strategic cooperation agreement with Pang Lizhong, the Deputy General Manager of Bosera Fund International ( Co., Ltd. The two parties will mainly cooperate in several areas, including digital asset trading, private banking-level service system interconnection, digital asset custody, and asset management. Both sides intend to interact deeply in product development, customer service and related support, investment consulting, and other fields based on their own professional capabilities and compliance experience, jointly exploring to provide industry-leading digital asset services for high-net-worth individuals.
Zhang Wei, the founder of Boya Interactive, attended the meeting and signed a strategic cooperation agreement with Weng Xiaoqi. As the largest encryption treasury in Hong Kong, Boya Interactive has a natural demand for asset value returns. Xinhua Technology has a natural advantage in this regard, therefore, Xinhua Technology will engage in in-depth discussions with Boya Interactive on DAT business cooperation based on a compliance framework. In addition, both parties will also carry out pragmatic cooperation in digital asset custody and cross-asset investment.
After signing a strategic cooperation agreement with Mr. Zhu Junwei, Chairman of Summer Capital, Weng Xiaoqi told reporters that the two sides will cooperate around SOL-related DAT business, and Summer Capital will become an important capital partner for New Fire Technology in exploring DAT business.
As the digital asset market enters a new stage of institutionalization and compliance development, New Fire Technology's strategic upgrade has clarified its first strategy as a private banking-level digital asset custodian and sent a signal to the market that New Fire Technology will actively explore the global market in the future, which will provide practical impetus for the compliance and scaling development of the digital asset industry in Hong Kong.