Lotto Mutual Entertainment (08198) plans to set up a joint venture with Beecom to develop blockchain supercomputing chip technology

According to the information of Zhitong Finance Network, Lotto Interactive Entertainment (08198) issued an announcement that on January 23, 2020, the company's wholly-owned subsidiary interactive laboratory and joint venture partner Bee Computing (Hong Kong) entered into a joint venture cooperation agreement on the establishment of a joint venture company. It is proposed that the joint venture company will be mainly engaged in the development and operation of the project. The main business of the joint venture is the development and operation of the project. The project includes the development of a class of blockchain supercomputing chip technology and the production of related application equipment according to a joint venture and cooperation agreement.