TREE NEWS update: Shanghai Solana Enterprise Management Co. was registered in June with 5 million yuan in registered capital, with Solana China co-lead Claire Du (Du Yanjing) as legal representative. In August the company took a 45% stake in a joint venture, Shanghai Yaokun Qiusuo Digital Technology Co., with 10 million yuan in capital, chaired by Solana Foundation China co-lead Even Jiang (Jiang Yiwen) and with Du as a director.
Solana China co-lead Claire Du named legal rep of new Shanghai entity
The structure here is notable: a registered-capital entity with named Solana China leadership as legal representative and director, then a minority stake in a separate joint venture chaired by another China co-lead. That layered setup looks less like a token or protocol announcement and more like groundwork for a formal local operating presence, with Chinese personnel carrying legal responsibility. It matters most to teams weighing how offshore foundations build compliant onshore footprints, and to anyone tracking whether Solana's China activity is shifting from community work to incorporated business. The open question is what the joint venture actually does — no business scope is disclosed.
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