DarkPayCoin (Kimi) Completes Equity Restructuring, Paving the Way for Hong Kong Listing

According to Dongcha Beating monitoring, the Dark Side of the Moon (Kimi) has been renamed to "Beijing Dark Side of the Moon Technology Co., Ltd.", changing its enterprise type from a limited liability company to a non-listed joint stock limited company. Yang Zhilin has been appointed as the Chairman and General Manager, Zhang Yutong has been added as a director, and Song Sijia has been added as the Chief Financial Officer.

This change is commonly referred to as "equity reform." The China Securities Regulatory Commission stipulates that if a domestic enterprise directly lists overseas with a domestic entity, the issuer must be a joint stock limited company.

Previously, Bloomberg reported that the Dark Side of the Moon has issued a shareholder resolution to list in Hong Kong, with a potential IPO as early as six months, and has started to dismantle its Variable Interest Entity (VIE) structure. The company has not yet formally announced the listing date.