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] Summary by Relevant Sections - **Strategic Cooperation** The agreement focuses on joint innovation to provide a one-stop, full-process, and intelligent financial service for RWA, with the ultimate goal of enhancing the SimpleChain 2.0 public chain ecosystem [1] - **Technological Integration** The collaboration aims to integrate traditional finance with decentralized finance using institutional-level tokenization technology, blockchain, and smart contracts [1] - **Market Expansion** Both parties are committed to comprehensive business cooperation in mainland China, Hong Kong, and international token markets, with the goal of creating a new generation of on-chain asset platforms [1] - **Development Goals** The objective is to position SimpleChain 2.0 as a leading Web2+Web3 public chain in Asia, maintaining a leading total value locked (TVL) in the Asia-Pacific region and promoting new productive business development [1] - **Current Status** As of the announcement date, the SimpleChain 2.0 public chain registration network has been launched, user account activation is complete, the official website is online, and the test network is operational [1]