
Sea 🐸|Jun 03, 2025 07:17
LatePost: But is buying coins led by him (Cai Wensheng)?
Wu Xinhong: I don't want to comment on cryptocurrency now because it's already a thing of the past.
LatePost: What was your attitude towards buying coins at that time?
Wu Xinhong: From the vote of the board of directors at that time, I also voted in favor, I just regarded it as an investment. From the results, it is indeed a good investment return. At the end of last year, we sold all the cryptocurrencies we held and earned 570 million yuan. 80% of the profits were distributed to shareholders as dividends.
However, if I could travel back in time, I might be more willing to use this money to find some good teams that can collaborate with our business.
LatePost: This can be considered a successful investment, but it seems to have caused you more distress?
Wu Xinhong: Yes. Sometimes, even though our performance has significantly improved, when we catch up with the sharp decline of Bitcoin, our stock price immediately drops; But when Bitcoin rose, our stock price didn't actually rise.
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