Core Viewpoint - Zhonglian Development Holdings (00264) announced a disclosure regarding the acquisition of 20% of the issued share capital of NVTH Limited, indicating ongoing negotiations with relevant parties and the potential expiration of the agreement by September 30, 2025 [1] Group 1: Acquisition Details - The board stated that the acquisition will not proceed according to the terms and conditions outlined in the agreement [1] - The agreement is set to expire on September 30, 2025, if not finalized [1] Group 2: Strategic Partnership - On September 26, 2025, the company signed a non-binding letter of intent with NVTHK Limited, a strategic partner, to explore business development opportunities in the digital asset and Web3 industry [1] - NVTHK Limited is a wholly-owned subsidiary of NVTH Limited, which is 75% owned by NVTSH Limited, with Zhao Jianguo holding an 80% beneficial interest and Lu Rong holding a 20% beneficial interest [1] Group 3: Potential Collaborations - Potential collaborations may include establishing joint ventures, providing proprietary RWA tokenization technology, and/or consulting services related to RWA and Web3 business [1] - The strategic partner is focused on providing blockchain-based RWA tokenization technology infrastructure and connecting traditional finance with decentralized Web3 markets [2] - The board is actively seeking new business opportunities to enhance product development and diversify revenue sources, believing that potential collaborations will accelerate entry into the digital asset and Web3 sectors [2]
中联发展控股(00264)与NVTHK Limited订立意向书 拟透过战略合作探索数字资产及Web3行业的业务发展机会