China Financial Leasing plans to acquire part of Singapore Blockchain Technology Group Co., Ltd.

China Financial Leasing (02312.HK) announced that on December 6, China Financial Leasing Investment Co., a wholly-owned subsidiary of the company, entered into a potential acquisition agreement with Singapore Blockchain Technology Group Limited (You Bank). It is proposed to acquire part of the issued share capital of the latter. It is reported that Singapore Blockchain Technology Group Co., Ltd.'s main business is to provide digital asset management solutions based on the quantitative value-added capabilities of digital assets.