On July 21, according to the Securities Times, Delin Holdings signed a non-legally binding term with Hong Kong technology company Fulong Consulting Co., Ltd., planning strategic cooperation and share swaps. Delin Holdings will invest HK$60 million in Fulong, aiming to enter the high-growth stablecoin market. Fulong will apply for a Hong Kong stablecoin license and, after approval, jointly promote the application and business cooperation of stablecoin with Delin Holdings. The two parties will cooperate to develop business opportunities, and Fulong will use its merchant and user network to cooperate with Delin Holdings and its affiliated platforms (such as Delin Securities and Synaptic Technology) for product support and investor relations promotion.