According to Techub News and reports from Zhitong Finance, Coolpad Group (02369.HK) has announced the formal establishment of the "Real World Asset Tokenization Division" abbreviated as "RWA Division". The establishment of this department aims to coordinate and promote key tasks such as RWA asset tokenization. The company began exploring Web3-related fields as early as 2023, and the establishment of the RWA Division aims to systematically respond to the technological changes brought by Web3 and actively respond to the innovative direction advocated by the Government of the Hong Kong Special Administrative Region in the "Digital Asset Development Policy Declaration 2.0". The RWA Division will be directly led by Mr. Chen Jiajun, the chairman of the board and CEO of the company.