Dear MINAX Users,
Thank you for your continued support and trust in the MINAX platform. As a professional platform committed to promoting the digitalization of global brand assets, MINAX upholds the governance principles of openness, fairness, and transparency, and conducts ongoing supervision and dynamic evaluations of all listed assets in strict accordance with the MINAX Brand Asset Management and Fulfillment Rules.
Following routine platform audits, although NIKUSA (Asset Code: NIKUSA) and ZhangyuanJi (Asset Code: ZYJ) have demonstrated a certain level of brand recognition and cultural value since their listing, recent macroeconomic conditions and industry fluctuations have affected their operations. Both brands have failed to fulfill their scheduled monthly buyback plans, thereby violating relevant provisions of the MINAX Brand Asset Management and Fulfillment Rules.
In accordance with platform regulations and user protection mechanisms, the following adjustments will be made:
1. Asset Adjustment Details
Effective immediately upon the release of this announcement, the NIKUSA and Zhangyuanji brand assets will be reclassified from “Innovative Board Brand Listing” to “Brand Influence Listing.” This adjustment does not affect users’ asset holdings or their normal trading rights.
2. Ongoing Monitoring and Reapplication Mechanism
The platform will continue to monitor the operational status and buyback performance of both brands. If either brand consistently resumes its buyback obligations over the course of three consecutive months and meets the platform’s brand asset management standards, it may submit an application to restore its status as an “Innovative Board Brand Listing.” Upon approval by the platform, the asset’s listing segment qualification may be reinstated.
3. Platform Regulatory Statement
MINAX remains committed to strengthening compliance reviews and risk management of brand assets, ensuring a healthy platform ecosystem and protecting user asset interests. At the same time, the platform will enhance its buyback disclosure system, urging brand issuers to fulfill public commitments, thereby improving asset credibility and market value.
Risk Warning: Under the Brand Influence Listing model, brand issuers use brand trading to assess market popularity. This does not confirm the asset’s inclusion as a brand asset, nor does it imply any commitment to buyback or token burn. Investors should carefully evaluate and assume the associated investment risks. Should the brand be upgraded to a Brand Asset Listing in the future, the issuer will formalize its issuance commitments based on the current foundation and will not issue separately.
This announcement is for informational disclosure purposes only and does not constitute any investment advice or commitment.
If you have any questions regarding this announcement, please feel free to contact MINAX official customer support at support@minax.io or join the [official Telegram community] for inquiries.
Thank you for your understanding and support.
MINAX Operations Team
May 21, 2025
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【Risk Reminder】The market is subject to risks; investments require caution. The prices of brand assets may experience significant fluctuations due to market conditions, and investors may incur partial or total losses. Please make prudent decisions based on your own financial situation and investment goals. MINAX, as a trading platform, does not bear responsibility for the results of users’ investments.
【Special Note】MINAX reserves the right to modify, change, or cancel this announcement at its sole discretion at any time without prior notice. In the event of any discrepancies between the English and Traditional Chinese versions of this announcement, the Traditional Chinese version shall prevail. The content of this announcement may be updated as needed; please refer to the latest updates.