Solana Foundation President: The inaugural Capital Summit was held on Thursday in Shanghai, China.

On October 17, Lily Liu, Chair of the Solana Foundation, posted on X that the inaugural Capital Markets Summit was held in Shanghai on Thursday, bringing together hundreds of asset allocators and builders from China and around the world to discuss innovative capital formation. She also noted that the market capitalization of domestically listed companies in China is only one-sixth that of equally profitable companies in New York, and that more than 50,000 SMEs are waiting for IPO opportunities.

According to earlier reports, Shanghai Yaokun Qiusuo Digital Technology Co., Ltd. was registered and established in August with a registered capital of 10 million yuan, with Shanghai Solana Enterprise Management Co., Ltd. holding a 45% stake. Even Jiang, Co-Head of the Solana Foundation's China region, serves as Chairman of Yaokun Qiusuo, and Du Yanjing serves as a director.

Public information shows that Yaokun Qiusuo's main business includes: technical services, technical development, technical consulting, technical exchange, technical transfer, and technical promotion; computer system services; information system integration services; information technology consulting services; data processing services; internet data services; IoT technical services; wholesale of computer hardware, software, and auxiliary equipment; information consulting services (excluding licensed information consulting services); enterprise management consulting; financial consulting; conference and exhibition services (organizing exhibitions abroad requires approval from relevant authorities).

It should be noted that "Solana" is a name adopted by a sole proprietorship company owned by a natural person, and there is currently no equity trail proving that the above two companies are affiliated with the Solana Foundation.