| | AUGUST 20249IN FOCUSLion Group Holding, the operator of an all-in-one trading platform offering a diverse range of products and services, has announced a non-binding term sheet with Hong Kong Agunua Technology. Lion Group plans to acquire a 60 percent equity stake in Agunua Technology, post-investment, with a valuation of $4.8 million. The deal will be executed through $2.88 million worth of American Depositary Shares (ADS) at a price of $1.2 per ADS. This strategic move signifies Lion Group's significant expansion into the global carbon finance market, strengthening its position in climate financing, green finance, transition finance, and climate AI application services.Carbon assets are the most promising strategic resource for international development over the next 30 years. Agunua Technology holds the exclusive technical mandate and 50-year operating rights for the only authorized carbon rights electronic trading platform in the Solomon Islands--the Solomon International Green Asset Exchange ('SIGX'). SIGX boasts a sovereign government-backed international green exchange license and the sole system for South-South cooperation carbon account interconnectivity, making it the exclusive platform for green asset trading in South Pacific countries. The platform encompasses online sales, electronic order processing, electronic payment settlement, and all activities related to electronic trading. By harnessing Asia's technological research and development expertise, the platform also integrates climate AI-based intelligent carbon emission measurement hardware. This hardware addresses challenges related to carbon data, carbon standards, green evaluation, and the interconnectivity of carbon asset trading across countries. It provides global carbon market participants with an efficient, secure, and transparent trading environment.With this investment, Lion will gain exclusive operating rights to the SIGX carbon credit electronic trading platform. This strategic move will bolster Lion's initiatives in developing green financial infrastructure and expanding into emerging sectors dedicated to carbon neutrality services. By focusing on key global markets, South-South cooperation countries, and the Greater China region, Lion aims to diversify and enhance its innovative product offerings. This will provide clients with more comprehensive and specialized carbon finance solutions while creating significant revenue opportunities, with SIGX's revenue projected to exceed $200 million by 2029.Chunning (Wilson) Wang, CEO of Lion, commented, "Under the global consensus on carbon strategies, the financialization and digitalization of the carbon market are increasingly enhancing its value. Lion's recent investment is not only a significant expansion of our business but also a strategic move that aligns perfectly with the evolving trends in the global carbon finance market. By integrating Agunua Technology's strengths with the resource advantages of the SIGX platform, we will create a solid foundation and significant growth potential for rapid expansion in the carbon finance sector. Moreover, by leveraging cutting-edge technologies such as Web 3.0 and AI, we are confident in securing a leading position in the global carbon finance market. This will enable us to achieve new growth points and sustainable development, advance the construction of a digital financial ecosystem, and create meaningful value growth for our shareholders". LION GROUP INVESTS IN AGUNUA TECHNOLOGY TO BOOST CARBON FINANCE OPPORTUNITIES
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