Core Viewpoint - China Financial Development (03623) has signed a strategic cooperation memorandum with Zhejiang Shuqin Technology Co., Ltd. to leverage their respective strengths and resources in financial services, aiming to innovate and expand into new domestic and international markets [1] Group 1: Strategic Cooperation - The cooperation focuses on providing one-stop, full-process, and intelligent financial services for RWA through joint innovation [1] - The ultimate goal is to enhance and prosper the SimpleChain 2.0 public chain ecosystem [1] Group 2: Technological Integration - The partnership aims to integrate traditional finance with decentralized finance using advanced technologies such as blockchain and smart contracts [1] - Both parties will collaborate on comprehensive business operations in mainland China, Hong Kong, and international token markets [1] Group 3: Development Goals - The objective is to develop SimpleChain 2.0 into a leading Web2+Web3 public chain in Asia, maintaining a leading position in total locked value (TVL) in the Asia-Pacific region [1] - As of the announcement date, the SimpleChain 2.0 public chain registration network has been launched, user account activation is complete, and the official website and test network are online [1]

Core Insights - China Financial Development (03623.HK) announced a strategic cooperation memorandum with Zhejiang Shuqin Technology Co., Ltd. on September 3, 2025, aiming to leverage each other's strengths to explore new domestic and international markets in financial services [1] - The collaboration focuses on providing a one-stop, full-process, intelligent financial service for RWA through joint innovation, with the ultimate goal of enhancing the Simple Chain 2.0 public chain ecosystem [1] - The partnership intends to integrate traditional finance with decentralized finance using advanced technologies such as blockchain and smart contracts, targeting comprehensive business cooperation in mainland China, Hong Kong, and international token markets [1] Principles of Cooperation - Both parties agree to establish a long-term cooperative relationship that benefits the long-term development of the company and the Simple Chain 2.0 public chain [2] - The cooperation is based on legal compliance, adhering to relevant domestic and international standards, as well as the regulations of Hong Kong listed companies [2] - As of the announcement date, the Simple Chain 2.0 public chain registration network has been published, user account activation is complete, the official website is live, and the test network is operational [2]