Blue Hat Interactive Entertainment Technology (NASDAQ: BHAT) Subsidiary Golden Alpha Strategy Ltd Secures Class A License for Precious Metals and Gem Trading
June 05 2024 - 7:30AM
Blue Hat Interactive Entertainment Technology, a NASDAQ listed
company (hereinafter referred to as “BHAT”), recently announced
that its wholly-owned Hong Kong subsidiary, Golden Alpha Strategy
Ltd., has been granted Dealers in Precious Metals and Stones
Category A Registration by Hong Kong Customs and Excise Department.
This regulatory system, implemented by the Hong Kong government on
April 1, 2023, aims to combat money laundering and terrorist
financing activities. BHAT actively responds to the Hong Kong
government's policy initiative, committing itself to conducting and
facilitating commodity trading of precious metals and stones under
legal and compliant conditions in Hong Kong and internationally.
Mr. Chen Xiaodong, CEO of BHAT, stated: “We are
honored to receive this significant international license, marking
a crucial step in our business transformation and international
development. This not only demonstrates our commitment to our
corporate transformation but also underscores our dedication to
conduct international business while fully complying with local and
international laws. Moving forward, we will actively expand our
business in precious metals, striving to bring more returns to our
investors.”
Mr. Chen Xiaodong further added: “With the
support of this license, we will closely collaborate with Macau
Rongxin Precious Metals Company to advance an innovative
intelligent gold supply chain and recycling system, providing gold
traders with more efficient, convenient, and secure transactions
and better service experiences.”
BHAT continues to emphasize innovation, optimize
corporate structure and seek new growth points. The company has
successfully expanded its business scope to bulk trading of gems
and precious metals. In the future, BHAT will commit itself to
leveraging artificial intelligence technology to facilitate
commodity trading, especially in the precious metals sector.
About Blue Hat
Blue Hat was formerly a provider of
communication services and IDC business, as well as a producer,
developer, and operator of AR interactive entertainment games,
toys, and educational materials in China. Leveraging years of
technological accumulation and unique patented technology, Blue Hat
is expanding its business to commodity trading, aiming to become a
leading intelligent commodity trader worldwide. For more
information, please visit the Company’s investor relations website
at http://ir.bluehatgroup.com. The Company routinely provides
important information on its website.
Forward-Looking Statements
This release contains forward-looking statements
within the meaning of Section 27A of the Securities Act of 1933, as
amended and Section 21E of the Securities Exchange Act of 1934, as
amended. All forward-looking statements are inherently uncertain as
they are based on current expectations and assumptions concerning
future events or future performance of the Company. Readers are
cautioned not to place undue reliance on these forward-looking
statements, which are only predictions and speak only as of the
date hereof. In evaluating such statements, prospective investors
should review carefully various risks and uncertainties identified
in this release and matters set in the Company’s SEC filings. These
risks and uncertainties could cause the Company’s actual results to
differ materially from those indicated in its forward-looking
statements.
Contacts:
Blue Hat Interactive Entertainment Technology
Phone: +86 (592) 228-0010
Email: ir@bluehatgroup.net
Blue Hat Interactive Ent... (NASDAQ:BHAT)
Historical Stock Chart
From Nov 2024 to Dec 2024
Blue Hat Interactive Ent... (NASDAQ:BHAT)
Historical Stock Chart
From Dec 2023 to Dec 2024