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Eminence Enterprise Limited ( (HK:0616) ) has issued an update.
Asset Chain Limited has signed a memorandum of cooperation with Shenzhen Jiezhou Technology and Gortune International Investment Holding to develop its loan financing business for cross-border e-commerce enterprises and foreign trade suppliers. The collaboration will use Jiezhou’s AI-driven risk control models and integrated transaction, customs and logistics data to assess borrower creditworthiness, with Asset Chain and Gortune providing loan funding at their discretion.
By combining Asset Chain’s financing expertise with Jiezhou’s technology and Gortune’s investment focus, the parties aim to build a mutually beneficial partnership that enhances risk management and expands lending opportunities in the cross-border supply chain sector. The board believes this tech-enabled cooperation will support the group’s future business development and strengthen its value proposition for shareholders and other stakeholders.
More about Eminence Enterprise Limited
Asset Chain Limited is a Bermuda-incorporated company listed in Hong Kong that operates a loan financing business. The group focuses on providing funding solutions, leveraging its professional experience in credit assessment and financing to serve borrowers with cross-border trade and e-commerce activities.
Average Trading Volume: 5,143,656
Technical Sentiment Signal: Hold
Current Market Cap: HK$560.2M
For a thorough assessment of 0616 stock, go to TipRanks’ Stock Analysis page.