Leverage of existing security expertise will drive new digital finance tools.
A Hong Kong listed company is stepping into the world of Web3. Yingzheng International (Prime Intelligence Solutions Group Limited), formerly known as Lazy Pig Technology. It has announced plans to enter the blockchain and digital asset sector. The company shared the update through an official filing with the Hong Kong Stock Exchange.
Yingzheng International is mainly known for biometric identification and security software. Now, it wants to expand into Web3.0 and blockchain technology. The company says this move is part of a long term strategy to grow its business and tap into new digital finance opportunities. With a market value of around HK$123 million, the company is still small by stock market standards. But its move shows how even traditional tech firms are starting to explore blockchain and digital assets.
Yingzheng International has built its business around biometric solutions and security software. These tools help with identity checks, data protection and risk control. Now, the company wants to use this experience in the blockchain world.
According to its announcement, Yingzheng plans to offer software development services for blockchain exchanges and Web3 projects. This includes building trading systems, creating risk control tools and setting up strong data security systems. The company believes its technical background gives it a good starting point. Blockchain exchanges and digital asset platforms need strong security and compliance systems. That is exactly where Yingzheng already has experience.
One of the biggest parts of the plan is the launch of a proprietary digital asset trading platform. Yingzheng says it is preparing to build its own compliant crypto exchange, along with digital wallets and public chain technology. The goal is to create a one stop platform. This would offer services such as digital asset trading, clearing and custody.
The company wants the platform to meet international regulatory standards so it can serve global investors. However, the company also made it clear that this project is still in the early planning stage. There is no fixed timeline yet. The final launch will depend on market conditions and future regulations.
Yingzheng says Hong Kong is a key reason for this move. The city is one of the world’s major financial centers and has been building a clear legal framework for digital assets. Hong Kong regulators now support licensed virtual asset trading platforms. This gives companies more confidence to invest in compliant crypto services. Yingzheng International believes this environment provides a strong base to explore Web3 and blockchain platforms. The company also sees strong global demand for digital assets, blockchain tools, and Web3 services. It believes this sector will continue to grow and reshape the future of finance.
Yingzheng International’s move reflects a bigger trend in Asia. More listed companies are entering the blockchain sector, especially in places with clear rules and strong financial systems. If successful, the company could build a new revenue stream from Web3 services and digital asset trading. It could also attract new investors who are interested in blockchain infrastructure.
But there are risks. The crypto market is volatile, and regulations can change frequently. Therefore, building a licensed exchange takes time, money, and strong execution. Currently, Yingzheng International is taking its first step into Web3. As a result, investors and industry watchers will be watching closely to see how fast the plan turns into a real product.
