PRIME INTEL (08379) has announced its decision to formally and strategically enter the Web3.0 blockchain field. This move aims to capitalize on the growing opportunities for compliance and professionalization within the global Web3.0 and blockchain industry, while also promoting business diversification and global expansion. The Board of Directors resolved that, while stabilizing its existing biometric solutions and software development operations, the Group intends to pursue this new strategic direction.

Leveraging its current strengths, the Group plans to initiate the following business activities: (i) Professional Technical Services: Utilizing its existing software development expertise, the Group will provide end-to-end professional software development services for blockchain industry exchange projects. These services will encompass trading system construction, compliance and risk control module development, data security protection system building, and adaptation for cross-border trading scenarios; (ii) Preparation of a Proprietary Trading Platform: Plans are in place to launch a compliant digital asset exchange and commence development on wallet and public chain technology in the short term. The goal is to create a one-stop platform that meets international regulatory standards, offering services such as digital asset trading, clearing, and custody to meet the diverse asset allocation needs of global investors.

The Group believes that Web3.0 business, digital currencies, blockchain technology, and related applications are profoundly reshaping the global financial landscape. The global digital asset market demonstrates robust growth potential. As an international financial center, Hong Kong's sound regulatory framework, along with the introduction and establishment of relevant policies and systems, provides a favorable starting point for the Group's exploration of Web3.0 blockchain platforms.

As an established participant in the fintech industry, the Group aims to utilize its advantages in technology and resources. Through strategic business planning and diversification, it seeks to explore innovative business models, accelerate business growth, and enhance the overall competitiveness of the Group. The Board of Directors believes that the strategic positioning in Web3.0 blockchain platforms aligns with the overall interests of the Group and its shareholders.