According to a Hong Kong Stock Exchange announcement, Hengxin Technology Co., Ltd. announced that its Executive Director, Mr. Peng Yinan, and its wholly-owned subsidiary, Shanghai Zhangyu Information Technology Co., Ltd., participated in the development of the national standard "Metaverse-Reference Architecture," as one of the drafters. This standard is under the jurisdiction of the National Information Technology Standardization Technical Committee (SAC/TC 28), with the National Standards Administration (SAC) in charge. The standard has been approved for implementation.