ASSET CHAIN (00616) Enters into Memorandum of Collaboration with Jiezhou and Gortune to Jointly Explore Opportunities in Loan Financing Business

Stock News
Apr 20

ASSET CHAIN (00616) announced that the company has entered into a memorandum of collaboration with Shenzhen Jiezhou Technology Co., Ltd. (Jiezhou) and Gortune International Investment Holding Limited (Gortune). According to the memorandum, the parties have agreed to establish a strategic cooperative relationship. By leveraging the Group's relevant professional experience, along with Jiezhou's capabilities in technological R&D, system construction, data processing, and AI-powered risk control modeling within the cross-border supply chain sector, the parties will jointly explore business opportunities related to the Group's loan financing business. The Board of Directors believes that the contracting parties will utilize their respective competitive advantages to establish a mutually beneficial partnership. By combining the Group's professional experience in loan financing with Jiezhou's expertise in information technology, the Board is confident that this collaboration will be advantageous for the future development of the Group's loan financing business and aligns with the overall interests of the company and its shareholders.

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