Hanyu Pharmaceuticals signed a letter of intent for strategic cooperation with digital asset platform KuCoin, sending its stock price soaring to its daily limit.

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MarsBit
08-04
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Mars Finance News: Hanyu Pharmaceutical (300199.SZ) surged to the daily limit in the afternoon, trading at 24.32 yuan, reaching a new high since December 2022. According to the news, Hanyu Pharmaceutical has officially signed a strategic cooperation memorandum with the digital asset platform KuCoin, with both parties intending to jointly explore the first RWA (Real World Asset) tokenization pilot project in mainland China based on "innovative drug research and development future revenue rights" in Hong Kong. According to the agreement, Hanyu Pharmaceutical will use its technological accumulation and R&D pipeline in the GLP-1 polypeptide heavyweight drug field as the underlying assets, while KuCoin will leverage its advantages in blockchain technology, RWA full-process solutions, and global compliance resources to provide integrated support for the project, including on-chain mapping, asset tokenization, transaction matching, and revenue distribution. (Gelonghui)

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