CHI KAN HLDGS established a new e-commerce platform "Digital Commerce Era"

CHI KAN HLDGS announced the establishment of a new e-commerce platform "Digital Commerce Era," which is planned to launch in the second quarter of 2023. The platform aims to support high-quality Chinese brands in expanding into global markets and provide consumers with favorable prices. The platform will adopt an innovative loyalty and rewards system to encourage user participation in promotion. In addition, the company also plans to launch an equity incentive plan to provide share rewards to KOCs, with the shares held by an independent trustee until they vest. The number of reward shares is limited to 10% of the total issued shares of the company