Ying Universe intends to seek shareholder approval for cryptocurrency purchases totaling up to $100 million

Golden Finance reported that Yingyu Universe (03700) issued an announcement that because the board of directors believes in the potential of cryptocurrency and that investing in cryptocurrency is crucial to the group’s Web3.0 business development strategy and asset allocation strategy, after careful consideration, the board of directors recommended seeking shareholders Prior approval for the grant of a purchase mandate to confer on the Board of Directors the power to purchase potential cryptocurrencies during the authorization period, being twelve months from the date of the formal resolution of the purchase mandate and potential cryptocurrency purchase by shareholders at the AGM. purchases, but the total amount does not exceed US$100 million.