**[China Financial Development: Signing Strategic Cooperation Memorandum with Shu Qin Technology]** China Financial Development announced that on September 3, 2025, the company signed a strategic cooperation memorandum with Zhejiang Shu Qin Technology Co., Ltd. According to the agreement, both parties will leverage their respective advantages and resources to jointly explore new domestic and international markets. Based on the SimpleChain2.0 public blockchain, they will provide one-stop, full-process, intelligent financial services, particularly focusing on financial services for RWA (Real World Assets). Shu Qin Technology possesses a complete blockchain full-stack technical team and an open-source blockchain infrastructure, SimpleChain2.0. Meanwhile, China Financial Development is a traditional financial services-focused company listed on the Hong Kong Main Board, with a wealth of financial service teams and professional licenses. The collaboration aims to promote the deep integration of traditional finance and decentralized finance, create a new generation of on-chain asset platforms, and advance SimpleChain2.0 as Asia's leading Web2+Web3 public blockchain.