DTXS SILK ROAD (00620) has announced that, considering the overall business environment and the group's status, the company is continuously exploring different possibilities for its business development. The group is looking into two main preliminary directions for further exploration and feasibility studies:

1. Real World Asset (RWA) Tokenization Technology and Related Applications: In response to the innovative guidelines outlined in the Hong Kong Special Administrative Region Government's "Digital Asset Development Policy Declaration 2.0," the company is preliminarily exploring whether RWA tokenization technology could create opportunities for the group's development. Given that RWA tokenization involves complex and cross-disciplinary requirements, the company is planning to engage external expert teams in blockchain, digital finance, and compliance from relevant professional institutions to assist in this exploration. This may include related feasibility studies comprising (i) legal assessments regarding RWA-related local and international legal and regulatory matters conducted by legal advisors; (ii) evaluations of financial and tax matters conducted by professional consultants; and (iii) technical solutions provided by technology service providers. The RWA-related work mentioned above is still in its initial stages. As of the date of this announcement, the company has not made any decisions or specific plans regarding whether or how to implement any RWA tokenization projects.

2. Revitalization and Development of Existing Operations: The group primarily engages in (i) property investment and development; (ii) auction business and arts and collectibles-related activities; and (iii) trade and commerce, including alcoholic beverage sales. The company has had preliminary discussions with Outlets Asset Management Group Limited and several large state-owned enterprises to explore various possibilities and directions for revitalizing and developing the group’s existing operations. These discussions are still in the initial stages. As of the date of this announcement, the company has not made any decisions or developed any specific plans regarding any business development initiatives.