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Baishida Holdings plans to rename itself "Z Fin Limited", strategically transforming to focus on financial technology, encryption assets, and RWA.
According to Mars Finance, in an official announcement, Sinolink Worldwide Holdings Limited announced plans to change its company name to "Z Fin Limited" to reflect the company's strategic focus on expanding into the fintech sector. The company has invested in ZhongAn Online P&C Insurance (06060.HK) and the joint venture ZhongAn Technology (International) Group (ZA Global) to lay out its fintech strategy. The company stated that it will continue to explore development opportunities in the fintech sector, with a focus on Crypto Assets, Real World Asset tokenization (RWA), Web3, and stablecoins. This move aligns with Hong Kong's policy direction to build an Asian cryptocurrency and digital asset center.