Recently, the International Commercial Settlement Company issued an important announcement, stating that its wholly-owned subsidiary, Chengtai Company, has reached a strategic cooperation with well-known industry figure Chen Sanming. The two parties will officially sign a protocol on August 8, 2025, to jointly establish a new joint venture.

The equity structure of this newly established company has been determined, with Chengtai Company holding 70% of the shares, making it the controlling shareholder, while Chen Sanming holds the remaining 30% of the shares. It is worth noting that the focus of this joint venture will be on the cryptocurrency field, involving the application and development of digital currencies and blockchain technology.

Although the specific business details have not been disclosed, industry insiders generally believe that this collaboration marks the official entry of the two entities into the rapidly growing cryptocurrency market. With the increasing global attention on digital assets, this strategic move undoubtedly demonstrates both parties' confidence in the industry's prospects.

Whether this cooperation can achieve breakthroughs in the fiercely competitive cryptocurrency field still needs further observation. However, the strong collaboration between the international business Settlement company and Chen Sanming undoubtedly injects new vitality into the market. In the future, their specific operational strategies and innovative directions will become the focus of industry attention.