Sora Ventures Founder Jason Fang appointed as Chairman of Taiwan-listed company Chuan Fei Energy (TWSE: 1516)

Web3 Investment Firm Sora Ventures Founder Jason Fang Officially Appointed Chairman of Taiwan Listed Company Chuan Fei Energy (TWSE: 1516). Chuan Fei Energy is a trading company focused on energy materials and components for electric vehicle batteries.
(Previous context: Sora Ventures launches Asia’s first $1 billion Bitcoin treasury fund, fully invested in BTC within six months)
(Additional background: Why is the crypto fund Sora Ventures headquartered in Taiwan? Managing Partner: More freedom than Hong Kong and Singapore!)

This is a press release written and provided by Sora Ventures and does not represent the stance of Dongqu.

Taiwan-listed company and leading energy materials trading firm Chuan Fei Energy Co., Ltd. (Falcon Power Co., TWSE: 1516) has appointed Sora Ventures founder and managing partner Jason Fang as its new chairman.

Falcon Power Co., Ltd. was established in 1986, starting from bicycle component manufacturing, and has gradually developed into a company specializing in the distribution of global energy-related materials and electronic components. Today, the company’s main revenue comes from electronic components used in electric vehicle batteries.

Jason Fang stated, “I am honored to be appointed chairman of Chuan Fei Energy. I look forward to bringing the insights and resources I have gained over the past decade in the global blockchain and digital assets space into my new role, while supporting Chuan Fei Energy in strengthening its core business and exploring ways to create value for shareholders.”

About Sora Ventures and Its Investments in Taiwan

Founded in early 2018, Sora Ventures has deployed over $100 million across more than 150 Web3 companies. Its recent investment focus is on Bitcoin treasury companies across Asia.

Headquartered at Taipei 101, Sora Ventures is an early contributor to Taiwan’s Web3 ecosystem, having invested millions of dollars in Taiwanese companies and entrepreneurs. Recently, it hosted Sora Summit 2023 in Taipei, one of Asia’s earliest Bitcoin conferences.

In addition to Chuan Fei Energy, Jason Fang also serves as chairman of AsiaStrategy (NASDAQ: SORA), Bitplanet (KOSDAQ: 049470, South Korea), DV8 (BKK: DV8, Thailand), and Moon Inc. (HKG: 1723, Hong Kong). He previously served on the board of Metaplanet (TYO: 3350, Japan), where he played a key role in establishing Asia’s first Bitcoin treasury model, similar to Strategy (formerly MicroStrategy).