The financial market regulator revoked the certificate of the cryptocurrency mining company Xiamen Jiasheng Engineering Machinery

By order of the Financial Market Regulation and Supervision Service dated 4 November 2025, the previously issued certificate of Xiamen Jiasheng Engineering Machinery LLC for industrial mining activities was terminated.

The decision was made in accordance with the Procedure for Registration and Issuance of Certificates for Mining Activities, approved by the Cabinet of Ministers on 16 September 2022, and clause 13 of the Regulations on Financial Supervision, approved by the Cabinet of Ministers on 10 December 2021.

Xiamen Jiasheng Engineering Machinery was registered in June 2024. Its founder is Asan Sadykov, who also owns shares in a number of energy sector companies:

• Metrum KG LLC, Kyrgyz Energy Systems LLC and SuLu LLC — all three companies operate in the hydropower sector;
• Birimdik Resource Plus LLC — engaged in other types of power plants;
• OJSC Energy of the Future KG — sells electricity.

The decision of the Financial Supervisory Authority means that the company has lost the right to carry out industrial mining on the territory of the republic.