Zhidu Shares Responds to Investor Inquiries Regarding Bitcoin: No Bitcoin Settlement, Holdings Not Subject to Mandatory Disclosure

Zhidu Shares Responds to Investor Inquiries Regarding Bitcoin: No Bitcoin Settlement, Holdings Not Subject to Mandatory DisclosureZhidu Shares (000676.SZ) recently responded to investor inquiries on its investor interaction platform regarding whether the company accepts Bitcoin for settlements and whether its Bitcoin holdings will be disclosed in its financial reports

Zhidu Shares Responds to Investor Inquiries Regarding Bitcoin: No Bitcoin Settlement, Holdings Not Subject to Mandatory Disclosure

Zhidu Shares (000676.SZ) recently responded to investor inquiries on its investor interaction platform regarding whether the company accepts Bitcoin for settlements and whether its Bitcoin holdings will be disclosed in its financial reports. The company explicitly stated that it currently does not use Bitcoin for settlement transactions. Regarding investor concerns about Bitcoin holdings, Zhidu Shares pointed out that its Bitcoin holdings are not within the scope of mandatory information disclosure and therefore will not be disclosed in the company's financial reports.

This response clearly defines Zhidu Shares' strategy in the digital currency field and its principles of financial information disclosure. The company emphasized that its handling of digital currency assets strictly adheres to current enterprise accounting standards. According to relevant regulations, Zhidu Shares accounts for "Bitcoin" as an intangible asset and measures it initially at its original cost. This demonstrates the company's prudent and regulated management of digital currency assets, in compliance with accounting standards, and reflects the company's transparency and compliance in financial information disclosure.

Investor demand for information on whether companies hold digital currencies and how they handle these assets is growing. Against the backdrop of volatile digital currency markets, understanding listed companies' strategies and risk management measures regarding digital assets is crucial for investors to make rational investment decisions. Zhidu Shares response, to a certain extent, met investors' information needs and enhanced market confidence in the company's financial transparency.

However, while the company did not disclose specific holdings, its clear response indirectly confirms that the company does indeed hold Bitcoin assets. Classifying Bitcoin as an intangible asset, rather than under other categories, also shows the company's relatively standardized classification and accounting treatment of such assets. This is also an important piece of information for investors. It indicates that the company does not completely avoid or deny the value of digital currency assets, but rather manages and handles them in a cautious and compliant manner.

It is noteworthy that current domestic regulations on digital currencies are still evolving, and relevant accounting standards may also be adjusted as the market develops. Therefore, Zhidu Shares' future strategy and information disclosure methods regarding digital currency assets may also be adjusted accordingly with changes in policy and market conditions. Investors need to continuously monitor relevant policies and company announcements to obtain the latest information.

In summary, Zhidu Shares' response answered investors' questions about the company's Bitcoin settlement and holdings. The company clearly stated that it does not conduct Bitcoin settlements and has not disclosed its holdings, a practice consistent with current accounting standards and information disclosure regulations. Although the company did not disclose specific numbers, its response indirectly confirms that the company holds Bitcoin assets and manages and accounts for them in a standardized manner. In the future, the company's strategy and information disclosure methods in this area may be adjusted according to policy and market changes, and investors need to continue to pay attention. This response has met the information needs of some investors and helped to enhance market confidence in the company's financial transparency. In the context of the coexistence of risks and opportunities in the digital currency field, Zhidu Shares' cautious approach is worthy of emulation by other companies. Ultimately, investment decisions still require investors to make prudent judgments based on their own circumstances. This report is for reference only and does not constitute any investment advice.

Disclaimer: The content and data in this article are for reference only and do not constitute investment advice. Any actions taken based on this information are at your own risk.