CHINA PPT INV plans to collaborate with Guangpu Digital and Shanghai District Empowerment to promote the development of physical asset business in Hong Kong

According to the announcement from China Property Investment (00736), on October 8, 2025, the company, Spectrum Digital Technology Group (Spectrum Digital), and Shanghai QuFu Consulting Planning Co., Ltd. (Shanghai QuFu) signed a cooperation agreement for the development of projects in Hong Kong.

According to the framework agreement, the company, Spectrum Digital, and Shanghai QuFu intend to collaborate to promote the development of physical asset businesses in Hong Kong, specifically as follows: (i) advancing the implementation of physical asset projects focused on the real estate sector and exploring tokenization methods for physical assets that comply with applicable regulatory requirements; (ii) establishing a fund (RWA Fund) in Hong Kong to provide financial support and resource integration for RWA projects, ensuring a comprehensive and effective level of industry and industrial development.

Under the framework agreement, the company's main responsibilities include providing resource support and assisting Spectrum Digital and Shanghai QuFu in communicating with external parties to implement RWA-related projects. Spectrum Digital will provide digital technology support, including but not limited to blockchain technology applications, data model construction, and system development. Spectrum Digital will also assist in building and managing the technical platform for the RWA Fund. Shanghai QuFu will provide relevant industrial resources and support the RWA plan in areas such as business expansion, technology application, and funding connections. Shanghai QuFu will also be responsible for the design and optimization of the RWA projects, ensuring the feasibility of the RWA pathways and compliance with regulatory requirements.

The establishment of the framework agreement aligns with the company's strategic planning to enter the risk-weighted asset sector. Through resource complementarity and collaboration with Spectrum Digital and Shanghai QuFu, the company can enhance its professional capabilities and project execution efficiency in the risk-weighted asset field. This cooperation will promote the integration of the company's existing real estate resources with the risk-weighted asset model, further expanding business opportunities and creating greater value for the company and its shareholders