Zhaojin Mining (01818) joins hands with Ant Mathematics to explore the tokenization and digital upgrading of overseas gold assets

Zhitong Finance App News, November 3, 2025, at Hong Kong Fintech Week, Hong Kong Zhaojin Mining Co., Ltd., a subsidiary of Zhaojin Mining (01818), and SigmaLayer Company Limited, a member company of Ant Group Technology Commercialization Division (Ant Digital), signed a strategic cooperation memorandum. The two sides will jointly explore innovative applications of the gold industry in the fields of digitalization, tokenization, intelligent risk control and ESG based on Ant Mathematics' blockchain and artificial intelligence core technology.

According to reports, Wang Ligang, executive director and vice president of Zhaojin Mining; Xu Jianzhuo, investment director of Zhaojin Mining and president of Hong Kong Zhaojin; Bian Zhuoqun, vice president of Ant Group and president of Ant Digital's blockchain business; and Wang Bo, general manager of Ant Mathematical's Strategic Business and Solutions Division, attended the signing ceremony on the same day. According to the memorandum of understanding, the first phase of cooperation between the two sides will focus on three major directions. First, the construction and scenario exploration of the digitization and tokenization of overseas gold assets; second, AI-based intelligent supply chain and risk control systems; and third, sustainable and trustworthy value transmission in the ESG field.

At the conference on the same day, Xu Jianzhuo, Investment Director of Zhaojin Mining and CEO of Hong Kong Zhaojin, delivered a keynote speech on “Seizing New Opportunities in Blockchain Technology to Drive New Momentum in the Gold Industry”. Xu Jianzhuo said, “Currently, through cooperation with Ant Math, and relying on Ant Math's technical capabilities and infrastructure on the blockchain, we can explore the first way to certify overseas gold held by Zhaojin and tokenize overseas physical gold, thereby driving new momentum in the gold industry and making gold blossom on the chain.”

Wang Bo of Ant Mathematics said, “This cooperation has moved from the authorization and trusted circulation of overseas gold assets, and relied on blockchain and AI technology to help Zhaojin Mining achieve supply chain visualization and refined risk control. We want to use technology to explore a pragmatic path for the digitization of physical assets.”

The purpose of this cooperation is to promote the transparency, efficiency and credibility of the gold industry chain through technological empowerment, and to set a new benchmark for the digital transformation of the industry. In the future, the two sides plan to use this cooperation as a starting point to continue to explore more innovative scenarios and jointly promote the evolution of the gold industry in the direction of intelligence and greening.