Digital Hollywood Interactive Limited (the “Company”), together with its subsidiaries, provided additional information regarding a joint venture (JV) arrangement originally disclosed on 8 September 2025. The JV structure allocates 80% ownership to the Company and 20% to the partnering entity, a basis the Company views as balanced and reflective of each side’s contributions. The Company’s HK$22.8 million capital injection, designated as a deposit, is set to be returned in the event the JV does not achieve its intended objectives.

Under the JV agreement, certain decisions—including capital expenditures exceeding HK$500,000, granting or licensing intellectual property (IP) rights to third parties, and the appointment of key senior management—require approval by a supermajority of more than two-thirds of the board of directors. The collaboration aims to co-develop games based on IP rights linked to Chinese action movies and modern romance dramas. The Company has proposed having the JV partner inject selected IP rights, subject to valuation by an independent third-party valuer once the schedule of these rights is finalized.

The JV partner is wholly owned by The Sir Run Run Shaw Charitable Trust. According to the announcement, all other details in the initial disclosure remain in effect, and the newly released information supplements the Company’s original statement on forming the JV.