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Wang & Lee pays Crypto Dividends to Destroy Dishonest Naked Short Sellers and Protect Shareholders
WLGSWANG & LEE GROUP(WLGS) Newsfilter·2025-03-04 14:30

Core Viewpoint - Wang & Lee Group has become the first Hong Kong company to distribute shareholder dividends using cryptocurrency mined exclusively through its solar battery crypto farms, highlighting its leadership in integrating renewable energy with blockchain technology [1][2]. Group 1: Sustainability and Innovation - The company utilizes excess clean energy from its solar battery crypto farms to mine cryptocurrency, ensuring minimal carbon footprint and addressing environmental concerns associated with traditional mining practices [2][7]. - The CEO emphasized the importance of merging solar energy infrastructure with blockchain innovation, aiming to redefine value delivery while promoting sustainability and shareholder returns [3]. Group 2: Shareholder Benefits - Shareholders will receive cryptocurrency dividends from the solar farm's mining operations, which can be converted to fiat currency, reinvested in the company's expansion, or redeemed within Wang & Lee's ecosystem for various products [4][5]. - The company aims to protect shareholders' interests by using crypto dividends to identify and exclude those who have purchased fake shares from naked short sellers, enhancing transparency and accountability [3]. Group 3: Operational Highlights - Wang & Lee Group operates high-efficiency cryptocurrency mining rigs powered by its solar farms, which also provide clean energy to local communities in Hong Kong [7]. - The distribution of mined cryptocurrency is conducted through a regulated digital wallet platform, ensuring transparency and reduced transaction costs while aligning with ESG principles [7].