ELATE HOLDINGS' subsidiary terminates all cooperation with Goldpay on blockchain vouchers and related projects
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ELATE HOLDINGS's wholly-owned subsidiary, ELATE Graphite Co., Ltd., has terminated its cooperation with Goldpay Limited on blockchain vouchers and related projects. The two parties signed a cooperation agreement on October 10, 2025, with Goldpay responsible for issuing vouchers to promote product sales. However, due to a strategy adjustment regarding its registered location, Goldpay officially proposed to terminate the cooperation on November 3, 2025. Both parties agreed to waive their rights to claims, and the project has not been completed, with no transaction payments made
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