ZHONGMIAO-100 has announced the signing of a framework agreement with ITC Strategic Holding Limited, a wholly-owned subsidiary of Deson Property Group Limited (collectively referred to as the "Deson Group"). This agreement establishes a long-term strategic partnership between the two entities. The collaboration will focus on integrating resources and technological expertise to jointly explore a business model centered on "physical asset supply combined with digital financial protection." The partnership will also involve cooperation in digital asset risk management and cross-border asset distribution.
Under the terms of the agreement, the Group and Deson Group will leverage ZHONGMIAO-100's professional capabilities in digital risk management and insurance technology, alongside Deson Group's operational strengths in global real estate. The strategic cooperation will encompass, but not be limited to, the following areas:
1. Web3 and Digital Asset Risk Protection: Utilizing the Group's expertise in insurance technology and risk management, along with experience in technologies such as artificial intelligence and big data, the partners will explore the development of mechanisms for hedging digital asset risks, enhancing credit, and managing compliance risks. This initiative aims to improve the stability of related asset structures and boost investor confidence, thereby supporting the standardized and high-quality development of the Web3 and digital finance sectors.
2. Cross-Border Asset Distribution and Digital Insurance Solutions: By combining the Group's advantages in financial technology and digital risk management with Deson Group's overseas resources and market network, the partners will explore collaborative models that integrate cross-border asset distribution with digital insurance solutions, ensuring these solutions comply with relevant laws and regulations to safeguard cross-border assets.
The Board of Directors believes that entering into this agreement aligns with the Group's long-term strategic objectives. It represents a significant step in deepening the application of insurance technology, expanding scenarios for digital risk management, and broadening the boundaries of its "co-creation and shared success" ecosystem. By partnering with an entity possessing substantial global real estate resources, both parties aim to achieve complementary advantages and synergistic development, ultimately creating long-term value for the Group and its shareholders.