Xinyang Maojian, a Hong Kong-listed company: A subsidiary sets up a joint venture to enter cryptocurrency and other businesses

According to BlockBeats, on March 16, according to an announcement by Hong Kong-listed company Xinyang Maojian, Heihe Longjiang Chemical Co., Ltd. (a company in which Xinyang Maojian indirectly owns 90% of the equity) and Heihe Shark Technology Co., Ltd. signed a project cooperation agreement, according to which Heihe Longjiang and Heihe Shark agreed to establish a joint venture. The company said that the establishment of a joint venture will enable the group to enter businesses such as cryptocurrency and big data management, and will also revitalize some of Heihe Longjiang's assets. It is understood that Xinyang Maojian had previously announced that it had decided to change the company's name to China Guolong Moutai Group, which quickly attracted public attention. Later, in order to avoid misunderstandings or potential legal proceedings, it decided to change its name to China Guolong Wine Group.