SOLOWIN HOLDINGS Collaborates with Alibaba Taobao Shangou and Hangzhou Bossen to Advance Inclusive Carbon Reduction via Blockchain

Rhea-AI Summary

SOLOWIN HOLDINGS (Nasdaq: AXG) announced a partnership with Taobao Shangou (Alibaba) and Hangzhou Bossen to pilot an on-chain model combining high-quality carbon assets, consumer incentives, and blockchain-based carbon credit circulation.

AXG will deploy its Ferion asset tokenization platform to manage on-chain verification, rights mapping, circulation recording, and lifecycle management while embedding carbon rewards into Taobao Shangou’s consumer incentives to encourage low-carbon choices.

Key Figures

Current price: $3.6 24h price change: 11.75% 52-week range: $2.69–$4.75 +5 more

8 metrics

Current price $3.6 Pre-news trading level for AXG

24h price change 11.75% Price move in the latest 24-hour period before this partnership news

52-week range $2.69–$4.75 Pre-news price <b>$3.6</b> sat 24.21% below the 52-week high

H1 FY2026 revenue $5.8 million Unaudited revenue for six months ended Sept 30, 2025

H1 FY2026 net loss $4.6 million Unaudited net loss for six months ended Sept 30, 2025

Total assets $383.2 million As of Sept 30, 2025, including goodwill from AlloyX acquisition

Private placement proceeds $11,500,000 Gross proceeds from Nov 2025 private placement at $3.04 per share

Market cap $660,672,341 Equity value based on pre-news trading metrics

Market Reality Check

Price: $3.60 Vol: Volume 1,007,491 is rough...

normal vol

$3.60 Last Close

Volume Volume 1,007,491 is roughly in line with 20-day average 1,015,870 (relative volume 0.99). normal

Technical Price at $3.6 is trading below the 200-day MA of $3.74 and about 24.21% under the 52-week high.

Peers on Argus

No peers were flagged in the momentum scanner and no same-day peer headlines wer...

No peers were flagged in the momentum scanner and no same-day peer headlines were recorded, suggesting the 11.75% move is stock-specific rather than sector-driven.

Previous Partnership Reports

1 past event · Latest: Jan 23 (Positive)

Same Type Pattern 1 events

Date	Event	Sentiment	Move	Catalyst
Jan 23	Strategic partnership	Positive	-3.3%	Malaysia partnership to tokenize new energy revenue rights via AlloyX platform.

Pattern Detected

The only prior partnership headline in the period saw a negative price reaction despite seemingly positive strategic content.

Recent Company History

Over the past few months, AXG has reported rapid growth in digital-asset services, a major AlloyX acquisition, and regulatory milestones such as Bahrain’s in-principle stablecoin license and a Canadian MSB license move. It also entered a green-asset tokenization partnership in Malaysia on Jan 23, 2026, which drew a -3.29% reaction. Today’s Alibaba Taobao Shangou/Hangzhou Bossen collaboration extends the green and tokenization theme into consumer carbon incentives, building on this partnership-driven expansion path.

Historical Comparison

partnership

-3.3 %

Average Historical Move

Historical Analysis

In the last partnership update, AXG moved -3.29%. Today’s pre-news move of +11.75% ahead of another partnership marks a sharp contrast to that prior reaction.

Typical Pattern

Partnership strategy evolved from Malaysia green asset tokenization to China-focused, consumer-facing carbon reduction incentives.

Market Pulse Summary

This announcement adds another partnership to AXG’s strategy of combining blockchain, asset tokeniza...

Analysis

This announcement adds another partnership to AXG’s strategy of combining blockchain, asset tokenization, and green initiatives, this time linking Alibaba’s Taobao Shangou users with carbon-reduction incentives on-chain. It follows earlier moves in Malaysia’s new energy sector and regulatory steps in Bahrain and Canada. Investors may focus on how user participation, transaction volumes, and monetization from Ferion’s carbon-asset framework evolve alongside AXG’s broader digital-asset and green-finance ecosystem.

Key Terms

blockchain, asset tokenization, on-chain, carbon assets, +4 more

8 terms

blockchain technical

"AXG launched this collaboration to apply its blockchain expertise to the commercialization..."

A blockchain is a digital record-keeping system that securely stores information across many computers, making it difficult to alter or tamper with. Think of it like a shared, unchangeable ledger that everyone can see and verify, ensuring transparency and trust. For investors, this technology offers a way to securely track transactions and assets without relying on a central authority, potentially reducing costs and increasing security.

asset tokenization technical

"Ferion, AXG’s one-stop asset tokenization platform, provides a comprehensive technical solution..."

Asset tokenization is the process of converting ownership rights of a physical or financial asset into digital tokens on a blockchain or similar technology. This allows investors to buy, sell, or trade fractions of the asset more easily and quickly, much like dividing a property or artwork into smaller pieces that can be owned separately. It matters to investors because it can increase access, reduce costs, and improve liquidity for a wide range of assets.

on-chain technical

"implement an innovative model integrating “high-quality carbon assets + consumer platform incentives + on-chain carbon credit circulation.”"

On-chain describes actions or data that are recorded directly on a blockchain, a public digital ledger that creates a permanent, time-stamped record of transactions. For investors, on-chain activity provides verifiable evidence of transfers, ownership changes or automated program actions (like contract-driven payments); seeing these entries is like checking a bank statement and helps assess liquidity, settlement finality, fees, and transparency when judging risk and market behavior.

carbon assets technical

"scaling carbon assets applications and advancing inclusive carbon reduction."

Carbon assets are tradable items that represent a right to emit greenhouse gases or a verified reduction/removal of emissions, such as emission allowances, carbon credits, or offsets. Think of them as coupons that let a company release a certain amount of pollution or prove it has reduced emissions; their price and availability affect costs, regulatory compliance, and potential revenue, so they can materially influence a company’s financial results and investment value.

carbon credit technical

"on-chain carbon credit circulation."

A carbon credit is a tradable permit that represents the right to emit a fixed amount of greenhouse gases, usually one metric ton of CO2-equivalent; companies that cut emissions can sell unused credits to others that need them. Think of it like a coupon system for pollution where the total number of coupons limits overall emissions. Investors care because carbon credits create a market-driven cost or revenue stream tied to climate regulations and corporate sustainability efforts, affecting company profits, valuations, and exposure to regulatory risk.

carbon neutrality technical

"Achieving carbon peak and carbon neutrality is a major national strategic objective in China."

Achieving carbon neutrality means a company balances the greenhouse gases it emits by cutting emissions and removing or offsetting the remainder, so its net contribution to atmospheric carbon is zero. Think of it like balancing a household budget: any emissions you can’t eliminate are “paid back” by projects that absorb or prevent the same amount elsewhere. Investors care because carbon-neutral commitments can reduce regulatory, operational and reputational risks, influence costs and access to capital, and affect long-term valuation.

green finance financial

"a demonstrative case for the integration of green finance and digital technology..."

Green finance is the practice of directing money—through loans, bonds, investments and insurance—toward projects and companies that reduce environmental harm or support clean energy, like renewable power, energy efficiency, and pollution control. For investors it matters because green finance shifts where capital flows and can affect risk and returns: think of it as choosing a vehicle that both reduces climate-related risks and opens opportunities from a changing economy, which can change long-term profitability and regulatory exposure.

tokenization technical

"Leveraging its established capabilities in asset tokenization and blockchain infrastructure..."

Tokenization is the process of converting real-world assets or rights into digital tokens stored on a computer network. This allows assets, such as property or investments, to be divided into smaller parts, making them easier to buy, sell, or transfer electronically. For investors, tokenization can increase access to a wider range of investments and make transactions faster and more efficient.

AI-generated analysis. Not financial advice.

Hong Kong, Feb. 06, 2026 (GLOBE NEWSWIRE) -- SOLOWIN HOLDINGS (Nasdaq: AXG) (“AXG” or the “Company”), a leading financial technology firm bridging traditional and digital assets, today announced a partnership with Taobao Shangou,a subsidiary of Alibaba Group and Hangzhou Bossen, to implement an innovative model integrating “high-quality carbon assets + consumer platform incentives + on-chain carbon credit circulation.” This initiative establishes a replicable pathway for scaling carbon assets applications and advancing inclusive carbon reduction.

Achieving carbon peak and carbon neutrality is a major national strategic objective in China. On August 25, 2025, the General Offices of the Communist Party of China Central Committee and the State Council issued a guideline to advance China’s green and low-carbon transition and strengthen the construction of the national carbon trading market. The document emphasized improving the inclusive carbon reduction mechanism and accelerating the scaled application of carbon assets. In response, on March 25, 2025, the Zhejiang Provincial Development and Reform Commission, the province’s top economic planning authority, released the Key Work Points for Carbon Peaking and Carbon Neutrality in Zhejiang Province by 2025, outlining priorities including advancing green, low-carbon transitions in key sectors and promoting carbon asset initiatives.

Against this national and regional policy backdrop, and supported by favorable industry trends, AXG launched this collaboration to apply its blockchain expertise to the commercialization of inclusive carbon reduction in China. Ferion, AXG’s one-stop asset tokenization platform, provides a comprehensive technical solution and implementation framework for the compliant on-chain management of carbon assets. Leveraging its established capabilities in asset tokenization and blockchain infrastructure, Ferion facilitates condition verification, rights confirmation and mapping, circulation recording, and full lifecycle management of the carbon assets, ensuring a secure and transparent technical foundation for their integration into consumer scenarios.

Within the partnership framework, Hangzhou Bossen supplies high-quality carbon assets to Alibaba Group’s food delivery platform, Taobao Shangou, where carbon benefits are embedded into the platform’s incentive system. Through AXG’s Ferion system, these benefits are then allocated to Taobao Shangou users as rewards based on their carbon reduction behaviors, such as opting for green delivery or making low-carbon product choices, thereby encouraging consumers to participate in emission reduction through everyday consumption.

Dr. Thomas Zhu, Co-Founder and Chief Executive Officer of AlloyX Group, a subsidiary of AXG, commented: “Our collaboration with Taobao Shangou and Hangzhou Bossen, connects consumers, platforms and financial services, establishing a benchmark closed-loop model from carbon assets to consumer incentives and ultimately to carbon asset buyback. We believe this innovative business model will create a win-win scenario in terms of both social and platform value, and serve as a demonstrative case for the integration of green finance and digital technology, with the potential to further drive the broader adoption of inclusive carbon reduction.”

About TAOBAO SHANGOU

Founded in 2008, Taobao Shangou (formerly Ele.me) is a leading local lifestyle platform in China under Alibaba Group. The platform is committed to providing “worry-free and on-time delivery” home services and advancing the digitalization of the local lifestyle market through technological innovation. To date, Taobao Shangou’s food delivery services cover more than 2,000 cities across China.

About HANGZHOU BOSSEN

Hangzhou Bossen Enterprise Management Co., Ltd, focuses on carbon asset development and management and green financial technology innovation. The company is dedicated to addressing environmental challenges through market-based economic mechanisms, providing comprehensive, one-stop green economic solutions for various industries.

About SOLOWIN HOLDINGS

SOLOWIN HOLDINGS (Nasdaq: AXG) is a global leading financial technology firm focused on digital currency payments and asset tokenization. Founded in 2016, it has dedicated to bridging traditional and decentralized finance by building a secure, efficient and compliant financial infrastructure that provides integrated digital asset solutions for global investors and institutions. Leveraging its Hong Kong Securities and Futures Commission (SFC)-licensed subsidiary Solomon JFZ (Asia) Holdings Limited, along with other key subsidiaries such as AlloyX Group and AX Coin, the Company has developed a multi-jurisdictional, vertically integrated, enterprise-grade new financial platform encompassing global stablecoin payments, corporate treasury and private wealth management and tokenization as a service. Backed by leading international institutional investors, the Company manages compliant and transparent digital assets that are closely connected to the real economy. The Company is committed to establishing itself as a leading global digital asset financial platform, driving the seamless convergence of traditional finance and the digital assets ecosystem.

For more information, visit the Company’s website at https://www.alloyx.com or investor relations webpage at https://ir.alloyx.com.

Forward-Looking Statements

Certain statements in this announcement are forward-looking statements, within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company's current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. The Company has attempted to identify these forward-looking statements by words or phrases such as "may," "will," "expect," "anticipate," "aim," "estimate," "intend," "plan," "believe," "is/are likely to," "potential," "continue" or other similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations that arise after the date hereof, except as may be required by law. These statements are subject to uncertainties and risks including, but not limited to, the uncertainties related to market conditions and other factors discussed in the Company's filings with the U.S. Securities and Exchange Commission (the “SEC”) including the "Risk Factors" section of the Company's most recent Annual Report on Form 20-F as well as in its other reports filed or furnished from time to time with the SEC. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company's filings with the SEC, which are available for review at www.sec.gov.

For investor and media inquiries please contact:

SOLOWIN HOLDINGS
Investor Relations Department
Email: ir@solomonwin.com.hk

Ascent Investor Relations LLC
Tina Xiao
Phone: +1-646-932-7242
Email: investors@ascent-ir.com

FAQ

What did AXG announce about its partnership with Taobao Shangou and Hangzhou Bossen on February 6, 2026?

AXG announced a collaborative pilot to integrate carbon assets with consumer incentives on Taobao Shangou. According to the company, Ferion will tokenize and manage carbon assets on-chain while Hangzhou Bossen supplies the carbon credits and Taobao Shangou embeds rewards into its platform.

How will AXG’s Ferion platform be used in the Taobao Shangou carbon rewards program (AXG)?

Ferion will provide on-chain tokenization, verification, rights mapping, and lifecycle management for carbon assets. According to the company, this technical framework records circulation and supports allocation of carbon-based rewards to Taobao Shangou users.

Who supplies the carbon assets for the AXG, Taobao Shangou, and Hangzhou Bossen collaboration?

Hangzhou Bossen will supply the high-quality carbon assets used in the program. According to the company, those assets will be embedded into Taobao Shangou’s incentive system and managed on-chain via Ferion.

What consumer actions will earn carbon rewards on Taobao Shangou under the AXG partnership?

Users will earn rewards for low-carbon behaviors like choosing green delivery or low-carbon products. According to the company, rewards are allocated based on user actions to encourage everyday emission reduction through consumption.

How does the AXG partnership align with China’s carbon neutrality policy timeline?

The collaboration aligns with national and Zhejiang policy efforts to scale carbon asset applications and inclusive reduction mechanisms. According to the company, the pilot responds to 2025 policy guidance promoting broader carbon asset commercialization.