China Financial Leasing Company and Singapore Blockchain Technology Group Enter into Strategic Cooperation Memorandum

According to the official announcement on November 11, China Financial Leasing Investment Co., Ltd., a wholly-owned subsidiary of China Financial Leasing Company (02312.HK), has entered into a strategic cooperation memorandum with the Singapore Blockchain Technology Group Co., Ltd. (You Bank). Chain Technology Group invests in digital asset related projects. According to the announcement, the blockchain technology group's main business is to provide digital asset management solutions based on the quantitative value-added capabilities of digital assets. A memorandum is established to enable contractors to leverage their strengths, resources and talents to establish a stable and mutually beneficial strategic relationship.