The board of CH SUPPLY C-NEW (ASX: 03708) has announced the signing of a non-binding memorandum of understanding with Tongsheng Technology (International) Co., Ltd.

The agreement, dated June 9, 2026, outlines the parties' intent to jointly explore the potential application of Tongsheng's proprietary Folus AI-powered trading ecosystem and KellyAgent capital markets intelligence terminal within the group's future operational, investment management, and risk management activities.

Key Areas of Collaboration

The preliminary cooperation directions identified in the MoU include, but are not limited to, several key initiatives. One focus is on enhancing supply chain finance risk controls, specifically for emerging business lines involving digital currency payments and real-world asset collateralized financing. This will leverage Tongsheng's on-chain monitoring capabilities to detect anomalous wallet behavior, thereby improving anti-fraud and compliance monitoring efficiency.

Another area involves corporate treasury management experiments. Under a compliant regulatory framework, the group plans to test the top strategy tracking functions on the Folus platform with a minimal scale, such as under US$100,000, to evaluate risk-adjusted returns.

The collaboration also aims to assist with asset allocation. The group intends to utilize the KellyAgent terminal to track large-scale capital flows and alpha signals within digital asset markets, including cryptocurrencies, RWAs, and decentralized finance, to inform potential future asset allocation decisions.

Strategic Rationale

The group's principal business operations encompass supply chain management, investments in emerging industries, and building maintenance and renovation. To enhance its digital operational capabilities and investment decision-making efficiency, the company is actively advancing its digital transformation strategy.

Tongsheng Technology is a Hong Kong-based fintech firm specializing in applying artificial intelligence and blockchain technology to capital markets. The board believes that Tongsheng's products and technology have the potential to assist the group in improving the efficiency of its proprietary trading, market intelligence acquisition, and risk management standards, which aligns with the overall interests of the company and its shareholders.