FEIYANG GROUP (01901) announced that on November 13, 2025, the company entered into a non-legally binding memorandum of understanding (MOU) with Zhongwan International Financial Limited and Yunzhi Digital Technology Co., Ltd. to establish a long-term strategic partnership focused on expanding digital asset initiatives in the cultural tourism sector.
Zhongwan International, a holding company of several licensed financial institutions in Hong Kong, holds Type 1, 4, 6, and 9 regulated activity licenses issued by the Securities and Futures Commission (SFC). It specializes in cross-border financing, capital operations, and financial advisory services. Yunzhi Tech is an AI-driven high-tech enterprise specializing in blockchain, cryptocurrency applications, and tokenized digital asset development. It operates the proprietary RWA digital property platform Cinfinix Marketplace and possesses extensive expertise in smart contract development and blockchain-based ecosystem solutions.
The collaboration is expected to focus on key areas such as the digitization of cultural tourism assets, the launch of trendy digital-physical collectible cards, and research into stablecoin applications. FEIYANG GROUP will contribute its foundational cultural tourism assets and the Fcard platform, while Zhongwan International will leverage its cross-border financing expertise to oversee capital planning and compliance framework design. Yunzhi Tech will provide blockchain integration and product development support.
The initiative aims to create a comprehensive digital asset ecosystem for cultural tourism through resource integration and technological innovation. The phased collaboration will accelerate FEIYANG GROUP’s digital transformation in cultural tourism assets, particularly in rolling out trendy digital-physical card products and ensuring stable operations of its digital asset platform to enhance liquidity and capital efficiency.
Long-term, the company plans to capitalize on Hong Kong’s evolving RWA (Real-World Asset) policies, exploring deeper integration between cultural tourism assets and digital finance to drive new growth opportunities. The partnership aligns with the digitalization trend in the cultural tourism industry, potentially improving asset liquidity, diversifying financing channels, and strengthening the brand’s influence across tourism and capital markets.