股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 | 截至月份: 2025年10月31日 | | --- | | 狀態: | | 新提交 | 致：香港交易及結算所有限公司 公司名稱: 多点数智有限公司 呈交日期: 2025年11月6日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 不適用 | | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 02586 | 說明 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | | 2,500,000,000 | USD | | 0.0001 USD | | 250,000 | | 增加 / 減少 (-) | | | 0 | | | USD | | 0 | | 本月底結存 | | | 2,500,000,000 | USD | | 0.0001 USD | | 250,000 | 本月底法定/ ...

Core Insights - The strategic partnership between Multi-Point Smart (02586.HK) and Circle (CRCL) marks a significant advancement in the application of blockchain technology within the retail sector, aiming to enhance digital transformation in the global physical industry through a dual-driven model of "technology + scenario" [1][2] Group 1: Partnership Overview - Multi-Point Smart has become one of the first deep partners in Circle's new Layer-1 blockchain network, Arc, which focuses on bridging the gap between blockchain technology and the real economy [1] - The collaboration aims to address pain points in traditional retail payments, such as inefficiencies in cross-border transactions and complex settlement processes, by leveraging programmable currencies and smart contracts [1][2] Group 2: Retail Industry Implications - Multi-Point Smart's involvement in the Arc test network will enable a comprehensive on-chain testing of retail transactions, optimizing cross-border retail settlement efficiency and reducing reconciliation costs through blockchain's immutable nature [2] - This partnership is expected to provide a replicable model for blockchain transformation in the retail industry, aligning with the core demands for globalization, digitalization, and efficiency [2] Group 3: Broader Economic Impact - The collaboration signifies a shift in blockchain from being merely a financial tool to becoming an operational system for the real economy, enhancing the value chain between blockchain technology, retail networks, and consumer behavior [2][3] - The ongoing exploration in retail payments and supply chain scenarios is anticipated to accelerate the transition of the retail industry into the "on-chain economy" era, setting a benchmark for the integration of physical and blockchain sectors [3]

Core Insights - Circle, a leading fintech and stablecoin giant, has announced a strategic partnership with the retail digital enterprise Duopoint Smart [1] - Duopoint Smart will be an early participant in the Arc public testnet, contributing to the ecological development and technological innovation of Arc [1] - This collaboration is expected to empower Duopoint Smart's retail digital network with blockchain technology, accelerating the upgrade of global retail payment scenarios from zero to one [1] - The partnership highlights Duopoint Smart's first-mover advantage in the "physical retail + blockchain" sector [1]

Core Insights - Dmall Inc. has entered a strategic partnership with Circle, becoming one of the first retail payment network partners for Circle's Arc public testnet, marking a significant step in its Web3 strategy [1] - The collaboration aims to leverage Circle's expertise in blockchain, stablecoins, and real-world assets (RWA) to create a unique ecosystem that integrates retail, fintech, and Web3, establishing a competitive edge for long-term growth [1] Group 1: Web3 Strategy Development - Dmall's Web3 strategy, initiated in early 2025, has seen rapid implementation, including partnerships with HashKey Group for digital asset trading accounts and preparations for a stablecoin license in Hong Kong [2] - The company plans to invest approximately HKD 388 million in stablecoin and blockchain technology research and development, demonstrating its commitment to building a comprehensive framework for virtual asset trading and compliance [2] - Dmall has also signed a letter of intent for the potential acquisition of companies regulated under Hong Kong's Securities and Futures Ordinance, aiming to streamline compliance pathways for virtual asset trading and RWA [2] Group 2: Retail Ecosystem and RWA Innovation - Dmall's core advantage lies in its extensive retail ecosystem, serving over 500 medium to large retail enterprises across 10 countries, providing a natural testing ground for stablecoin payments and asset tokenization [3] - The partnership with Circle enhances technological capabilities, with the Arc testnet supporting USDC as a native token for transaction fees, offering sub-second transaction confirmation for future retail payment network deployment [3] Group 3: Industry Outlook and Regulatory Environment - The Hong Kong Stablecoin Regulation, effective August 2025, includes offshore RMB as a stablecoin anchor asset, facilitating the compliance of stablecoins and blockchain technology in real-world applications [4] - Dmall's proactive approach to compliance through license acquisitions and strategic partnerships positions it to lead in the blockchain application within retail scenarios, overcoming traditional approval bottlenecks [5] - The integration of AI retail solutions with blockchain technology aims to create a fully digitalized ecosystem, enhancing retail efficiency and customer experience [5] Group 4: Company Overview - Dmall Inc. is a leading player in China's retail digitalization sector, providing comprehensive solutions for omnichannel digital transformation, including online and offline transactions, member management, supply chain optimization, and efficient payment processing [6] - Circle Internet Group Inc. is a global leader in blockchain fintech, known for its USDC stablecoin, which is widely used for cross-border payments and asset digitization, and aims to connect the crypto economy with the real economy [7]

多点數智有限公司 （於 英 屬 維 爾 京 群 島 註 冊 成 立 的 有 限 公 司） （股 份 代 號：2586） 香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內 容 概 不 負 責，對 其 準 確 性 或 完 整 性 亦 不 發 表 任 何 聲 明，並 表 明 概 不 對 因 本公告全部或任何部份內容而產生或因倚賴該等內容而引致的任何損 失 承 擔 任 何 責 任。 Dmall Inc. 誠 如 招 股 章 程 所 披 露，於2024年10月10日，多 點（深 圳）數 字（為 其 本 身 及 代 表 本 集 團 其 他 成 員 公 司）與 物 美 科 技（為 其 本 身 及 代 表 物 美 集 團 其 他 集 團 成 員 公 司）訂 立 物 美 框 架 協 議，以 規 範 物 美 集 團 向 本 集 團 提 供 物 業 租 賃 等 事 項。 本 集 團 預 期，對 於 租 賃 物 美 集 團 位 於 北 京 樓 宇 內 更 多 辦 公 空 間 的 需 求 將 會 增 加。因 此，本 公 司 預 計 截 至2025年12月31日 止 年 度，物美集團向 本集團出租其名下物業的 物美框架協議項 ...

Group 1 - The stock of Multi-Point Intelligence (02586.HK) increased by over 4% on October 14, reaching a rise of 4.61% and trading at 9.99 HKD [1] - The trading volume for Multi-Point Intelligence was 11.8024 million HKD at the time of reporting [1]

Core Viewpoint - Multi-Point Intelligence (02586) has seen a stock price increase of over 4% following the announcement of a potential acquisition of 100% equity in two licensed corporations in Hong Kong under the Securities and Futures Ordinance [1] Group 1: Acquisition Details - The company has submitted a non-binding letter of intent regarding the potential acquisition of two licensed corporations [1] - One target company is licensed to conduct regulated activities under categories 4 (advising on securities), 5 (advising on futures contracts), and 9 (asset management), while the other holds a license for category 1 (dealing in securities) [1] - As of the announcement date, no binding agreements have been signed, and negotiations on the terms of the potential acquisition are ongoing [1] Group 2: Strategic Implications - The potential acquisition is expected to enable the company to quickly enter the regulated financial services sector [1] - It lays the groundwork for upgrading licenses in categories 1, 4, and 9 to provide virtual asset trading services [1] - The acquisition is also seen as beneficial for the company to develop an innovative model that integrates "retail scenarios + real-world assets (RWA)" [1]

Core Viewpoint - Multi-Point Intelligent (02586) shares rose over 4%, currently up 4.61% at HKD 9.99, with a trading volume of HKD 11.8024 million. The company announced a non-binding letter of intent for the potential acquisition of 100% equity in two licensed corporations under the Securities and Futures Ordinance in Hong Kong [1] Summary by Relevant Sections - **Acquisition Potential** - The company has submitted a non-binding letter of intent regarding the potential acquisition of two licensed corporations under the Securities and Futures Ordinance [1] - One target company is licensed for regulated activities under Class 4 (advising on securities), Class 5 (advising on futures contracts), and Class 9 (asset management), while the other holds a Class 1 (dealing in securities) license [1] - **Strategic Implications** - The potential acquisition is expected to enable the company to quickly enter the regulated financial services sector [1] - It lays the groundwork for upgrading licenses in Class 1 (dealing in securities), Class 4 (advising on securities), and Class 9 (asset management) to provide virtual asset trading services [1] - The acquisition aligns with the company's goal to build an innovative model that integrates "retail scenarios + real-world assets (RWA)" [1]

Core Viewpoint - The company, Multi-Point Intelligence (02586), has submitted a non-binding letter of intent for the potential acquisition of 100% equity in two licensed corporations under the Securities and Futures Ordinance of Hong Kong, aiming to enter the regulated financial services sector [1] Group 1: Acquisition Details - The first target company is licensed to conduct regulated activities under categories 4 (advising on securities), 5 (advising on futures contracts), and 9 (asset management) [1] - The second target company holds a license for category 1 (dealing in securities) under the Securities and Futures Ordinance [1] - As of the announcement date, no binding agreements have been signed, and negotiations on the terms of the potential acquisition are ongoing [1] Group 2: Strategic Implications - The potential acquisition is expected to enable the company to quickly enter the regulated financial services sector [1] - It will lay the groundwork for upgrading licenses in categories 1, 4, and 9 to provide virtual asset trading services [1] - The acquisition is also seen as beneficial for the company to develop an innovative model that integrates "retail scenarios + real-world assets (RWA)" [1]

Core Viewpoint - Multi-Point Digital (02586.HK) has submitted a non-binding letter of intent for the potential acquisition of 100% equity in two licensed corporations under the Securities and Futures Ordinance in Hong Kong, aiming to enter the regulated financial services sector and enhance its capabilities in virtual asset trading [1] Group 1 - The potential acquisition involves two target companies, one holding licenses for regulated activities under categories 4 (advising on securities), 5 (advising on futures contracts), and 9 (asset management), while the other holds a license for category 1 (securities trading) [1] - As of the announcement date, no binding agreements have been signed, and negotiations regarding the terms of the potential acquisition are ongoing [1] - The company believes that this acquisition will facilitate its rapid entry into the regulated financial services sector and lay the groundwork for upgrading its licenses to provide virtual asset trading services [1] Group 2 - The acquisition is expected to support the company's innovative model that integrates "retail scenarios + real-world assets (RWA)" [1]