[Sitong Holdings: Signing of Investment Intent Agreement, Target Company Develops and Successfully Launches Stablecoin Platform and Infrastructure] Sitong Holdings announced on the Hong Kong Stock Exchange that it has entered into an investment intent agreement with the seller, pursuant to which the company intends to proceed with a proposed acquisition of all issued equity of the target company as outlined in the agreement. As part of the proposed acquisition, the management and founders of the target group will provide a three-year revenue and profit guarantee. The consideration for the proposed acquisition will be settled through the allotment and issuance of new shares of the company. The target group, established in Singapore, has become a global leader in accelerating software innovation and ecosystem development in artificial intelligence, memory blockchain, decentralized finance, and stablecoin technology, including the development and successful launch of a stablecoin platform and infrastructure.