Zhou Dafu's founder, Chang Sun Zhengzhigang, established ALMAD Group to invest in digital and virtual assets.

MarsBitNews

2025-09-21 03:33:52

According to Mars Finance, Zheng Zhigang, the grandson of Zheng Yutong, the former CEO of New World Development and founder of Chow Tai Fook, has successively resigned from multiple family business positions since last year. He has now announced the establishment of Shanghe Development Holdings (ALMAD Group), which will focus on financial innovation in Web 3 and explore investments in areas such as digital assets, real-world assets (RWA) tokenization, as well as explore applications of blockchain technology and immersive digital experiences across different industries.

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Zhou Dafu&#39;s founder, Chang Sun Zhengzhigang, established ALMAD Group to invest in digital and virtual assets.

Zhou Dafu's founder, Chang Sun Zhengzhigang, established ALMAD Group to invest in digital and virtual assets.