We are delighted to share with you that our team has just completed a valuation of cryptocurrency mining business for our valuable client, Imperium Technology Group Limited (Stock code: 0776.HK).
Imperium Technology Group Limited (“Imperium”) and its subsidiaries are principally engaged in the manufacture and sale of household products, the marketing and operation of mobile and computer games, e-sports competitions, streaming and marketing event, as well as merchandise sales and the money lending business.
We completed a valuation of Seven Elements Interactive Digital Technology Limited (“Seven Elements”), an indirectly owned subsidiary of Imperium, for impairment assessment purpose. Seven Elements is principally engaged in cryptocurrency mining, cloud computing and data storage. Cryptocurrencies mined by Seven Elements are mainly Filecoin (FIL) and Chia coin (XCH).
We sincerely wish Imperium Technology Group Limited every success in the future and scale their business to new heights!