Xingtai Chain Group plans to issue Starcoin tokens, with one Starcoin granted for every ten shares of the company’s existing stock.

Foresight News: According to an announcement from the Hong Kong Stock Exchange, Star Chain Group Limited has issued a notice stating that on October 13, 2025, it signed a memorandum of understanding with the Starcoin Foundation, planning to issue Starcoin tokens. Shareholders will receive one Starcoin token for every ten existing shares of the company held on the record date. The goal of this token issuance is to establish a blockchain-based investment banking system focused on the on-chain issuance and compliance of physical assets, aiming to reshape traditional financial business processes. The token will be deployed on the Conflux eSpace public blockchain. The announcement notes that this token issuance is still subject to further negotiation and is not legally binding.