[Geely Technology Plans to Issue Huanghuali RWA Tokens in Hong Kong, Aiming to Raise 100 Million Yuan] BlockBeats news, December 19, according to reports from 'Hong Kong Economic Journal,' Geely Technology Group, a subsidiary of Geely Automobile, plans to convert rare Huanghuali wood into tradable RWA (Real World Asset) tokens. Zhao Xiaobao, its chief representative in Hainan, stated that this move could provide financial support to industries facing cash flow pressures. Geely Technology intends to issue the first batch of tokens in Hong Kong in the coming months, with a target of raising 100 million yuan.