Ray Chan, co-founder of the internationally acclaimed meme platform 9GAG, has officially completed the acquisition of a controlling stake inHowking Technology International Holdings Limited (“Howking Technology”; Stock Code: 2440) and announced plans to rename the company as MemeStrategy Inc. (“MemeStrategy”), whichcaptures the company's latest business outlook and strategic ambitions. It underscores the company's positioning as Asia'sfirst publicly listed virtual asset ecosystem venture. The proposed name change is subject to approval by shareholders at the upcoming Extraordinary General Meeting.
MemeStrategy hasalsoofficially announced the latest appointments to its Board of Directors. Ray Chan has assumed the roles of Chairman and Chief Executive Officer, leading the company's strategic development and business operations. As co-founder of 9GAG, Chan successfully built the platform into a globally recognized brand with over 200 million users worldwide[1], backed by investmentsfrom top-tier accelerator Y Combinator and other prominent venture capital firms. With a vast international user base, 9GAG isa prime example of a Hong Kong-based tech company achieving global success.
In addition, several key members from 9GAG and Memeland have joined the Board as Executive Directors, driving MemeStrategy's strategic focus on three key growth pillars: Artificial Intelligence (AI), Blockchain, and Culture.
Strategic Integration of Virtual Assets and Web3 Ecosystem
MemeStrategy plans to incorporate Bitcoin and other high-potential virtual assets into the company'sasset allocation to achieve long-term value growth. Leveraging its extensive experience in social media and the Web3 space, the team will selectively investin innovative Web3 and AI projects.By integrating 9GAG's vast global community resources with over200 million users worldwide, the company aimsto accelerate growth and foster business diversification and sustainable development. Key focus areas include “Creator Economy 4.0”-combining Web3 technology to empower creators to monetize and enhance their intellectual property (IP) value; “Decentralized Physical Infrastructure Network” (DePin)-merging HowkingTechnology's expertise in the Internet of Things (IoT) to explore the application potential of next-generation decentralized infrastructure.
Seizing Web3 Opportunities to Establish Hong Kong as an International Virtual Asset Hub
Ray Chan, Chairman and CEO of MemeStrategy, stated: “Our team is rooted inHong Kong with a global vision andextensive experience in the social media sector. We have actively participated and invested in multipleWeb3 and virtual asset projects, witnessing firsthandthe immense potential of this field. In recent years, Hong Kong and governments worldwide have been actively advancing Web3policies and regulatory frameworks. Nowis the optimal time to leverage the transparent operating model of public companiesto improve market awarenessand confidence in Web3while creating long-term value for shareholders. We aim to build the bridge between the new economy and traditional finance, supporting Hong Kong's developmentas an international virtual asset hub.”
Appointment of Top-Tier Independent Directors to Strengthen Governance
To further strengthen corporate governance and professional guidance, MemeStrategy has appointed three industry leaders as Independent Non-Executive Directors:Sandy Peng,Co-founder of Scroll, a Layer 2scaling solution for Ethereum that leverageszero-knowledge rollups; Wesley Ng, CEO and Co-founder of CASETiFY, the global lifestyle brand blending technology, design, and culture;and Victor Siu, a seasoned financial expert and CEO of GCA Professional Services Group, who brings over 18 years of professional experience in investment banking and valuation.
Unique Advantage in Seamless Integration of Web2 and Web3
The MemeStrategy team stands out as one of the few with dual expertise in operating both Web2 social media and Web3 virtual assets. The team members possess extensive experience in product development and investment, and a track record of success in many notable projects, including token projects featured on Binance Launchpool by Binance, the global leading virtual asset exchange.
Working strategicallywith 9GAG and partners, MemeStrategy will leverage its massive, diverse, and globally distributed community spanning diverse age groups and regions to provide robust marketing and growth momentum for ecosystem projects and partners. This unparalleled synergy will further grow and unlock the long-term value of the projects involved.
About MemeStrategy
MemeStrategy (Stock Code: 2440) is Asia'sfirst publicly listedvirtual asset ecosystem venture, managed by the team behind 9GAG, a globallyacclaimed meme platform with over 200 million users. Leveraging its Web2 and Web3 expertise, MemeStrategy adopts a people-firstapproach tostrategically invest in three key growth pillars: Artificial Intelligence (AI), Blockchain, and Culture, aiming to build the bridge between the new economy withtraditional finance.
MemeStrategy allocates resources strategically to Bitcoin and other high-potential virtual assets. Backed by strong community resources and a cross-disciplinary professional team, MemeStrategy is committed to driving the adoption and application of AI and blockchain technologies, creating long-term growth value for investors.
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