Shengye: Establishing Singapore International Headquarters and Exploring Web3

Shengye announced that the company has decided to establish an international headquarters in Singapore to strengthen its international business development. In addition, the company will explore the Web3 ecosystem and innovative application scenarios for stablecoins, with the aim of enhancing technological capabilities and business expansion. Through its international headquarters in Singapore, the company aims to leverage local financial and technological advantages to drive the globalization of its business. This move is expected to accelerate the company's strategic layout in the digital field and provide support for future innovation projects.