China Financial Development signed a strategic cooperation memorandum with Shuqin Technology
C SUCCESS FIN signed a strategic cooperation memorandum with Zhejiang Shuqin Technology, aiming to leverage their respective advantages and resources to promote innovation in financial services and market expansion. Both parties will rely on blockchain and smart contract technology to promote the integration of traditional finance and decentralized finance, committed to conducting comprehensive cooperation in the Chinese and international markets, developing the SimpleChain 2.0 public chain, with the goal of becoming Asia's leading Web2+Web3 public chain
According to the announcement from China Financial Development (03623), on September 3, 2025, the company signed a strategic cooperation memorandum with Zhejiang Shuqin Technology Co., Ltd. (Shuqin Technology). Based on this agreement, both parties have reached a cooperation intention to fully leverage their respective advantages, utilize their rich resources, and rely on the listed group platform to jointly explore new domestic and international markets in financial services. The main direction is to provide one-stop, full-process, intelligent financial services for RWA through joint innovation, with the ultimate goal of improving and prospering the SimpleChain 2.0 public chain ecosystem.
This cooperation aims to fully utilize each party's licenses, technologies, advantages, and strengths, leveraging institutional-level tokenization technology and advanced technologies such as blockchain and smart contracts to promote the deep integration of traditional finance and decentralized finance. Both parties are committed to conducting comprehensive business cooperation in mainland China, Hong Kong, and the international tier-three token market, working together to create a new generation of on-chain asset platforms, and developing SimpleChain 2.0 into Asia's leading Web2+Web3 public chain, maintaining its total locked value (TVL) in a leading position in the Asia-Pacific region and promoting the development of new productive forces for all parties.
As of the date of this announcement, the SimpleChain 2.0 public chain registration network has been launched, user account activation has been completed, the SimpleChain 2.0 official website is online, and the test network is online
