Core Viewpoint - The project led by Feiyang International aims to integrate real cultural tourism assets with blockchain technology, marking a significant step in the digitalization of tourism assets [1][2] Group 1: Project Overview - The project involves collaboration with multiple partners, including Qingdao Cultural Property Exchange Center and Conflux Network, to create a digitalization benchmark for cultural tourism assets [1] - The total issuance amount for the project is 5.5 million yuan, focusing on the core assets of the Mili Lakeview Hotel and related tourism rights [1] Group 2: Market Response and Strategic Importance - The early completion of subscriptions indicates strong market recognition of the company's digitalization strategy for real tourism assets, enhancing operational experience in digital tourism projects [2] - Successful execution of this project is expected to improve the company's industry influence and brand recognition in the digital tourism sector [2] Group 3: Long-term Value and Business Expansion - The project's implementation and rights realization are anticipated to enhance operational efficiency of tourism assets, providing stable business returns for the company [2] - If the model proves successful, it could lead to expanded business scale and market share, potentially delivering continuous and stable value returns to shareholders [2]

Core Insights - Feiyang Group (01901) announced the successful completion of the subscription for the first "physical card carrier + real cultural tourism asset (rights) landing + blockchain full-process certification" project, which was achieved on September 29, 2025 [1][2] - The project is based on the core assets of the Mili City Lakeside Baiman Hotel and related cultural tourism rights, with a total issuance amount of 5.5 million yuan, aiming to establish a digital benchmark for the digitization of real cultural tourism assets [1] - The project marks the transition from the preparatory subscription phase to the execution phase, ensuring the activation of key processes such as physical card production, cultural tourism rights docking, and blockchain certification [2] Project Details - The project involves collaboration with multiple parties, including Qingdao Cultural Property Exchange Center, Mili City Hotel and Homestay Industry Association, Conflux Network, Shanghai Owa Universe Digital Technology Co., Ltd., and Beijing Shuhe Technology Co., Ltd. [1] - The initiative aims to promote the construction of digital standards for real cultural tourism assets and rights, leveraging the company's advantages in tourism resource integration and digital application [1] - The successful subscription provides a strong guarantee for subsequent key steps, accelerating collaboration among all parties to meet established timelines for the realization of the project's core goals [2]

Core Insights - The project aims to create a digital integration of real cultural tourism assets using a combination of physical card carriers and blockchain technology, marking a significant step in the digitalization of tourism assets [1][2] - The total issuance amount for the project is 5.5 million yuan, with the core asset being the Meili City Lakeside Baiman Hotel and related tourism rights [1] - The project has successfully transitioned from the subscription phase to the execution phase, ensuring the activation of key processes such as physical card production and blockchain certification [2] Group 1 - The project involves collaboration among multiple parties, including Zhejiang Feiyang Shulian Technology Co., Qingdao Cultural Property Exchange Center, and Conflux Network, to establish a digital standard for real tourism assets [1] - The initiative is part of the company's broader strategy to promote the digitalization of real tourism assets and leverage its strengths in tourism resource integration and digital application [1] - The project is expected to accelerate cooperation among stakeholders to meet established timelines for the realization of the core objectives of "digital and physical integration, touchable, and redeemable" [2]

Feiyang International Holdings Group Limited 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，並明確表示概不就因本公告全部或 任何部分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。 飛 揚 國 際 控 股（ 集 團 ）有 限 公 司 （於開曼群島註冊成立之有限公司） （股份代號：1901） 自願公告 關於「文旅數實卡」項目全部認購完成的公告 飛揚國際控股（ 集團 ）有限公司（「本公司」，連同其附屬公司統稱「本集團」）董事會 （「董事會」）欣然宣佈，本集團旗下境內全資子公司浙江飛揚數聯科技有限公司與 青 島 文 化 產 權 交 易 中 心（「 合 規 及 平 台 共 建 方 」）、 彌 勒 市 賓 館 酒 店 民 宿 行 業 協 會 （「資產推薦方」）、Conflux Network（「區塊鏈技術支撐方」）、上海喔哇宇宙數字科 技有限公司（「IP運營承制方」）及北京數盒科技有限公司（「數字版權品孵化發行及 全流程輔導方」）共同打造的 ...