Brief: Lion Signs Strategic Cooperation Agreement

Grandshores Technology

08/01/2021 21:06

Jan 8 (Reuters) - Grandshores Technology Group Ltd
 1647.HK :
    * LION SIGNS STRATEGIC COOPERATION AGREEMENT
    * LION GROUP HOLDING LTD -  ENTERED INTO A BINDING STRATEGIC
COOPERATION FRAMEWORK AGREEMENT WITH YAO YONGJIE
    * LION - CO, YAO YONGJIE WILL EACH USE THEIR RESPECTIVE
CAPITAL,
RESOURCES TO JOINTLY SET UP A FUND OF NOT MORE THAN US$800
MILLION
    * LION GROUP HOLDING LTD - STRATEGIC COOPERATION AGREEMENT
HAS
BEEN APPROVED BY BOARD OF CO
    * LION - FUND TO BE SET UP WITH YAO YONGJIE OF NOT MORE THAN
US$800 MILLION WOULD PROMOTE DEVELOPMENT AND INDUSTRY
ENVIRONMENT OF BLOCKCHAIN TECHNOLOGY
    * LION - FUND WILL INVEST, IN MINE CONSTRUCTION, MINING AND
ITS
UPSTREAM AND DOWNSTREAM INDUSTRIES OF DIGITAL CURRENCIES SUCH AS
BITCOIN AND ETHEREUM

Source text for Eikon:  ID:nPn5NwmTva 
Further company coverage:  1647.HK 

 ((Reuters.Briefs@thomsonreuters.com;))