Shuntai Holdings (01335) issued an announcementbingoclub, on May 22, 2024bingoclub, the company entered into a memorandum of understanding with the seller, Huang Weili, and the seller intended to sell and the buyer intended to acquire the sale shares (equivalent to the entire issued shares of the target company, Sino Leader Ventures Limited). The target company indirectly owns the entire issued share capital of the technology company. Technology companies are mainly engaged in software development and equipment holding, including but not limited to 4,250 S19- 95T units and 650 S19- 110T units.

Digital assets have grown significantly in recent years. Despite the volatility of digital asset prices, the overall trend suggests a positive long-term outlook. By acquiring target groups, the company strategically positions itself and makes good use of the future growth and appreciation potential of digital assets.

The proposed acquisition provides the company with the opportunity to enter or expand the company's influence in the cryptocurrency mining industry. Digital assets play a vital role in the verification and security of digital asset networks and have become an indispensable part of the digital asset ecosystem. By integrating the target group's digital asset business into the company's existing infrastructure, the company can diversify its business portfolio and understand the growing market demand for digital asset services.