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Recently, Taiwan's cable television and broadband service provider, Da Feng Electric, made a noteworthy decision by announcing the establishment of a "digital asset committee" and incorporating Bitcoin into the company's long-term reserves. This move makes Da Feng Electric the first publicly listed company in Taiwan to include digital assets in its long-term reserves, sparking a enthusiastic response from the market.
After the announcement, the stock price of Dafeng Electric quickly hit the upper limit after the market opened the next day, locking in at 56.1 yuan. Although the stock price has performed moderately recently, this decision undoubtedly injected new vitality into the company, allowing investors to see new opportunities in the era of digital economy.
Dafeng Electric stated that choosing Bitcoin as a long-term reserve asset is based on its fixed supply, decentralized structure, and high global liquidity. In the current complex and volatile economic and financial environment, Bitcoin is regarded as "digital gold" and is expected to bring greater stability and flexibility to the company's capital.
To ensure the smooth implementation of this strategy, Dafeng Electric has specially established a "Digital Asset Committee." This committee will be convened by director Dai Yonghui and will integrate the strengths of core departments such as risk management, legal affairs, information security, and strategy. The main responsibilities of the committee include formulating asset allocation principles, establishing risk control mechanisms, and developing information disclosure standards to ensure that the entire process complies with legal and regulatory requirements while safeguarding the interests of shareholders.
Dafeng Electric emphasizes that incorporating Bitcoin into its long-term asset reserves is an important strategic move for the company to respond to the wave of the digital economy. The company commits that this decision will not affect existing operating funds and daily business. During the implementation process, the company will adhere to the principle of "prudent first," adopting a cautious and phased strategy while strictly complying with relevant laws and regulations.
This initiative not only marks the forward-looking layout of Dafeng Electric in the digital economy sector but also sets a new benchmark for Taiwanese enterprises in digital asset management. With the rapid development of the digital economy, an increasing number of enterprises may focus on and explore the potential of digital assets, injecting new vitality and development momentum into traditional businesses.