Ainnovation and Hunlicar Group Launch Joint Venture for Web3 Financial Solutions

Ainnovation Technology Group Co Ltd (HKG: 2121) has partnered with Hunlicar Group Ltd (HKG: 3638) to establish a new joint venture, Hunlicar Digital Chain Technology Co Ltd (translation of the Chinese name, as no official English name has been released). Hunlicar will hold an 80 percent stake, while Ainnovation will own 20 percent.

The venture will focus on merging financial services, artificial intelligence, and blockchain applications to offer comprehensive Web3 transformation solutions for traditional financial institutions. Its plans include developing blockchain-based tokenization systems for real-world assets and corporate payment stablecoin systems, helping financial and industrial enterprises put assets on-chain in a compliant manner, unlock liquidity, and gain access to global capital markets.

Ainnovation will contribute its AI implementation expertise, while Hunlicar will leverage its extensive financial services network and industry experience. Together, they aim to deliver integrated solutions spanning technology, business integration, and application development. Both companies see the partnership as a new growth driver and a way to enhance competitiveness in the “AI + financial services” sector.

Hunlicar Group operates across financial services, computer and electronics trading, and food trade. Through its wholly owned subsidiary, Harbour Family Office, it provides high-net-worth families with asset allocation, estate planning, trust structures, governance, tax consulting, and lifestyle management.