[Yili Holdings Plans to Issue Blockchain Vouchers on Ethereum for Commodity Exchange]
Hong Kong-listed company Yili Holdings announced that its wholly-owned subsidiary, Yili Graphite Co., Ltd., has signed a cooperation agreement with Goldpay Limited on October 10, 2025. The plan is to issue a utility blockchain voucher, code-named V76, on the Ethereum blockchain. These vouchers will primarily be used for commodity exchanges on the subsidiary's platform, with a maximum supply of 1 billion units. After issuance, they will be directly listed for trading on cryptocurrency exchanges and will support 24-hour exchanges with mainstream stablecoins. In July this year, Yili Holdings issued convertible bonds worth nearly HK$20 million to promote the development of Web3.0-related projects.