9GAG co-founder Chen Zhan Cheng has officially completed the controlling acquisition of Hao Qi Technology International Holdings Limited ("Hao Qi Technology"; stock code: 2440) and plans to rename the company to MemeStrategy Inc. ("MemeStrategy"). This renaming aims to more precisely reflect the company's future strategic development direction and further strengthen its market positioning as the first listed virtual asset ecosystem enterprise in Asia. The proposed name change is still pending approval at a special shareholders' meeting.
Simultaneously, MemeStrategy announced the latest personnel appointments to its board of directors. Chen Zhan Cheng will serve as the Chairman and CEO, comprehensively leading the company's strategic development and business operations. As a co-founder of 9GAG, Chen Zhan Cheng successfully built the platform into a top global brand with over 200 million users and received investment support from top global startup accelerator Y Combinator and other renowned venture capital institutions. 9GAG's user base spans globally, serving as an exemplar of a Hong Kong tech company going international.
Additionally, multiple core members from 9GAG and the Web3 creative studio Memeland will join the board of directors as executive directors, driving MemeStrategy's strategic layout focusing on three future tracks: Artificial Intelligence (AI), Blockchain, and Culture.
Strategic Planning: Deep Integration of Virtual Assets and Web3 Ecosystem
MemeStrategy plans to incorporate Bitcoin and other high-potential virtual assets into the company's asset allocation to achieve long-term value growth. Meanwhile, the team will fully leverage its rich experience in social media and Web3 domains, carefully selecting investments in innovative Web3 and AI cultural entertainment projects, and integrating 9GAG's massive global community of over 200 million users to promote rapid project growth and diversified, sustainable business development. Key directions include "Creator Economy 4.0", combining Web3 technology to help creators monetize and enhance intellectual property (IP) value; and "Decentralized Physical Infrastructure Network" (DePin), integrating Hao Qi Technology's technological advantages in the Internet of Things (IoT) to explore the application potential of next-generation decentralized infrastructure.
Seizing Web3 Opportunities to Promote Hong Kong as an International Virtual Asset Center
MemeStrategy Chairman and CEO Chen Zhan Cheng stated:
"Our team is rooted in Hong Kong and looks to the world, accumulating rich experience in social media and personally participating in the construction and investment of multiple Web3 and virtual asset projects, witnessing the enormous potential in this field. In recent years, Hong Kong and many global governments have actively promoted Web3 policies and regulatory frameworks. We believe now is the best time to enhance market awareness and confidence in Web3 through the transparent operating model of a listed company, while creating long-term value for shareholders. We hope to build a bridge between the new economy and traditional finance, helping Hong Kong develop into an international virtual asset center."
Introducing Top Independent Directors to Strengthen Strategic Layout
To further enhance corporate governance and professional guidance, MemeStrategy has appointed three industry leaders as independent non-executive directors: Peng Cheng, co-founder of Scroll, a blockchain company focusing on Ethereum's "zero-knowledge scaling technology"; Wu Pei-shin, CEO and co-founder of the internationally renowned fashion brand CASETiFY that integrates technology, design, and culture; and Siu Chi-wai, a senior financial expert with over 18 years of investment banking and valuation experience, currently serving as CEO of Han Hua Professional Services Group.
Unique Advantages: Seamless Integration of Web2 and Web3
MemeStrategy's core team is one of the few globally with dual operational experience in Web2 social media and Web3 virtual assets, with members possessing rich product development and investment experience, having invested in and participated in multiple well-known projects, including several token projects launched on the globally famous virtual asset trading platform Binance Launchpool. In the future, the company will deeply collaborate with 9GAG, fully leveraging its billion-user community covering diverse age groups and regions, providing powerful market promotion and growth momentum for collaborative projects and ecosystem partners, further enhancing the long-term value of projects.
9GAG currently has over 200 million users, including 9GAG Instagram (56 million followers), Facebook (40 million followers), X (16 million followers), Threads (6.5 million followers), Pinterest (3.9 million followers), TikTok (2.8 million followers), and WhatsApp (180,000 users).
About MemeStrategy
MemeStrategy (Stock Code: 2440) is the first listed virtual asset ecosystem enterprise in Asia, meticulously crafted by the renowned MEME platform 9GAG team with over 200 million global users. Leveraging its practical experience in social media and Web3 domains, with a human-centric approach, it precisely invests in three future tracks: Artificial Intelligence (AI), Blockchain, and Culture, dedicated to building a bridge between innovative economy and traditional finance. The company will strategically allocate Bitcoin and other high-potential virtual assets, and through its powerful community resources and cross-disciplinary professional team, is committed to promoting the popularization and application of artificial intelligence and blockchain, creating long-term growth value for investors.
