According to a report by Zhitong Finance, Yuxin Technology has released an investor relations activity record table. Since going global in 2019, the company has had successful cases with various foreign banks' front-end, back-end business systems, and is actively exploring the landing of more products and businesses. The company is supporting the digital upgrade of foreign banks and completing the construction of related new generation systems; At the same time, we continue to explore new business system upgrades and related cooperation opportunities with state-owned banks in Hong Kong; In addition, in non bank institutions, we will leverage our domestically accumulated technological capabilities, product reserves, customer ecosystem resources, and various overseas licensed institutions to negotiate comprehensive technological empowerment and support multi-level business development.
Previously, Yuxin Technology disclosed that it is actively engaging with core participants in various aspects of the stablecoin ecosystem, including in-depth contacts with coin issuers, signing confidentiality agreements, and focusing on exploring the full process requirements of stablecoin issuance. It clarifies the specific responsibilities of each party in the issuance process, sorts out feasible technical solutions, and integrates their respective advantages and resources.