EVIDENT successfully facilitated the first tokenized security issuance in Hong Kong by China Resources Longdation, transforming future revenue from the CWL electric vehicle charging network into a pioneering sustainable infrastructure financing model.

Information on the Target

China Resources Longdation Co., Ltd., a subsidiary of the China Resources (Holdings) conglomerate founded in 1982, is a diversified enterprise focused on Integrated Property Management, Asset Management, and Ecosystem Business Solutions. With expertise spanning infrastructure development, hotel operations, and high-end retail, the company manages over 140 million square feet of property in Hong Kong, catering to a population of over 1 million residents. A significant player in the local economy, it plays a vital role in advancing infrastructure initiatives and sustainability efforts.

In its latest venture, China Resources Longdation has successfully completed a tokenized security issuance, which marks a breakthrough as it represents the first industrial-sector tokenization of a central state-owned enterprise in Hong Kong. This initiative focuses on the Charge Wonderful Life (CWL) electric vehicle charging network, allowing the company to leverage future revenue to support sustainable infrastructure financing.

Industry Overview in Hong Kong

The tokenization of assets within the financial sector is steadily gaining traction in Hong Kong, which is rapidly developing as a leading hub for digital finance. The local government's supportive regulatory framework h