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The Hong Kong SAR Government appoints and reappoints 20 non-official members of the Third Generation Internet Development Task Force, including Cai Wensheng and Xiao Feng The Hong Kong SAR Government announced the appointment and reappointment of 20 non-official members of the Task Force on Third Generation Internet Development (Task Force) for a period of two years. The Chairperson is the Financial Secretary. The non-official members include: Professor Au Wai-chi, Cai Wensheng (newly appointed member), Norman Chan, Dagen Qiu, Zhu Chengyu, Dr. Kong Jianping, Guo Yanlin (newly appointed member), Lin Huizhen, Lin Junjie (newly appointed member), Professor Lin Chen, Lu Zhihong, Ma Zhitao (newly appointed member), Dr. Wu Jiezhuang, Professor Pan Shizheng, Alessio Quaglini (newly appointed member), Elizabeth Quat, Siu Yat, Chen Wenli, Wang Jiachao, and Dr. Xiao Feng

Planet Lunch News 1. He Yi denied that CZ had been pardoned by Trump; 2. Sahara AI announced the economic model of SAHARA tokens, with an airdrop ratio of 8.15%; 3. Tether has frozen 112 addresses since the Israeli-Iranian conflict, involving about 700 million USDT; 4. Guotai Junan International rose more than 63% in 24 hours and was approved to provide virtual asset trading services such as cryptocurrencies yesterday; 5. The eight major banks in South Korea are planning to establish a joint venture to issue Korean won stablecoins and are exploring two issuance models; 6. SlowMist will launch the phishing simulation platform Unphishable on July 1; 7. FTX/Alameda associated addresses transferred 62,000 SOL to Coinbase and still hold SOL worth US$16.07 million; 8. Cai Wensheng acquired China Financial Leasing shares at a premium and plans to build a Web3 investment platform; 9. Bitcoin spot ETF had a total net inflow of US$589 million yesterday, with a net inflow for 11 consecutive days; 10. Binance Alpha will launch Moonveil (MORE).

Cai Wensheng acquires shares of China Financial Leasing at a premium and plans to build a Web3 investment platform The share price of China Financial Leasing (02312.HK) is now at HK$1.38, up 311.94% in 24 hours. The company's announcement shows that the original shareholders Lin Shusong and Capital Ventures have transferred a total of 121 million shares (accounting for approximately 34.96% of the total share capital) to an independent third party, Longling Capital, with a total transaction amount of HK$46.08 million. The transaction triggered a mandatory general acquisition offer obligation. Longling Capital is actually controlled by angel investor Cai Wensheng. It plans to make a general offer at a cash price of HK$0.38 per share, a premium of 13.43% over the closing price before the suspension, and the total investment is expected to be approximately HK$85.74 million. Cai Wensheng stated in the announcement that in the future, he plans to build the group into an asset management platform focusing on artificial intelligence, Web3 and digital asset financial products, with the goal of developing into an investment holding group with international influence. (Yahoo Finance)

Meitu CEO: Profit of 570 million yuan after clearing out cryptocurrencies, 80% of the profit has been distributed to shareholders According to LatePost, Meitu CEO Wu Xinhong said, "Previously, the company's blind diversification strategy was mostly led by him, not Cai Wensheng. I don't want to comment on Meitu's purchase of cryptocurrencies because it has become a thing of the past. Judging from the vote of the board of directors at the time, I also voted in favor of Meitu's purchase of cryptocurrencies. I just regarded it as an investment. Judging from the results, it is indeed a good return on investment. At the end of last year, Meitu sold all its cryptocurrencies and made 570 million yuan, and 80% of the profit was distributed as dividends to shareholders. However, if I could travel back in time, I might be more willing to use the money to find some good teams that can collaborate with our business. Sometimes, even though the performance has improved significantly, our stock price immediately fell when Bitcoin plummeted, but when Bitcoin rose, our stock price did not rise."