China Properties Investment Holdings Signs Consultancy Services Agreement for Overseas Photovoltaic Asset Tokenization Valued at USD 200 Million

Reuters
Sep 30
China Properties Investment Holdings Signs Consultancy Services Agreement for Overseas Photovoltaic Asset Tokenization Valued at USD 200 Million

China Properties Investment Holdings Ltd. has announced the signing of a services agreement with Guangdong Tianyima Digital Energy Co., Ltd., a subsidiary of Guangdong TianYiMa Information Industry Co., Ltd., which is listed on the Shenzhen Stock Exchange. Under the agreement, China Properties Investment Holdings will provide consultancy and related services for the tokenization and issuance of real world assets (RWA) involving overseas new energy assets. The underlying asset value of the project is expected to be approximately USD 200 million and will focus on photovoltaic power stations in New Zealand, Malaysia, and Thailand. The company will assist in establishing a special purpose vehicle and coordinate with various parties to design a comprehensive RWA financing plan. Shareholders and investors are advised to exercise caution when dealing in the company's shares.

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