Zhonglian Development Holdings Group Co., Ltd. announced the strategic acquisition of a 20% stake in NVT

【Hong Kong, August 22, 2025】 -- China United Development Holdings Group Limited (hereinafter referred to as "the Company"; Stock Exchange Code: 0264) is pleased to announce that it has signed a final agreement to acquire a 20% stake in Hong Kong fintech innovation company --- NVTH K Limited ("NVT"). NVT is a pioneer in the tokenization market for real-world assets ("RWA"). Through this strategic acquisition, the Company has positioned itself at the forefront of an industry poised to reshape global capital markets and achieve rapid growth in the coming years.

NVT --- A Pioneering Market Leader

NVT is a leading RWA tokenization infrastructure provider in Hong Kong, having built the industry's first complete ecosystem that supports primary issuance by top financial institutions and regulated secondary trading of tokenized assets on its robust OTC platform. Its highly integrated closed platform connects asset issuers, investors, and liquidity providers, bringing unprecedented efficiency and liquidity to the financial industry.

NVT boasts a prestigious lineup of institutional clients, including top financial institutions, asset managers, and Web3 innovation companies, such as Cinda International Asset Management, GF Securities, Jinzhu Asset Management, Animoca Brands, and HashKey Group. The platform currently supports the tokenization of various financial products, such as money market funds, structured products, bonds, and private equity funds, demonstrating its wide-ranging applications and market recognition.

The Strategic Significance of This Acquisition for China United Development Holdings

According to a report released by the Boston Consulting Group (BCG) in April 2025, the global RWA tokenization market is expected to grow from $0.6 trillion in 2025 to $18.9 trillion by 2033 in a median scenario, with a compound annual growth rate of 53%. The rapid expansion of this industry reflects the increasing demand from institutional and retail investors for high-yield, transparent, and easily investable asset classes.

By acquiring a 20% stake in NVT, the Company will gain:

• An experienced and fully compliant one-stop institutional-grade tokenization platform;
• Exclusive access to Hong Kong's first RWA ecosystem for secondary trading on-chain in the OTC market;
• An established global distribution network that quickly connects liquidity providers, asset issuers, and investors;
• Collaboration with industry-leading partners to further build market credibility and expand market reach.

This acquisition significantly accelerates the Company's entry into the rapidly growing RWA market without the delays, risks, and capital expenditures associated with building a platform from scratch. The acquisition also aligns with the Company's commitment to exploring innovation and new business opportunities to achieve revenue diversification.

Areas of Strategic Cooperation

Following the completion of this investment, the Company and NVT will collaborate in two strategic areas:

Leather Production and Supply Chain RWA Tokenization

Leveraging the NVT platform, the Company will take the lead in globally promoting the tokenization of tangible and intangible assets (including cash flows, accounts receivable, inventory, and intellectual property) in the leather industry, achieving working capital release, exploring new investment channels, automating settlements, and expanding global liquidity.

Expanding New RWA Vertical Fields

Both parties will jointly develop and scale RWA solutions for other industries, combining the Company's industry expertise with NVT's proven infrastructure to seize potential opportunities across diverse asset classes.

Zhao Jingfei, CEO of China United Development Holdings Group Limited, stated:

"This investment in NVT represents an important step in the Company's transformative development. As a pioneer and leader in the industry, NVT's unique on-chain primary and secondary trading capabilities and excellent client base allow us to deeply engage in trillion-dollar growth opportunities, accelerate the digitalization of our core business, and create long-term shareholder value."

Zhao Jiankong, Founder and CEO of NVT, stated:

"Our mission is to redefine capital markets using blockchain technology, with a particular focus on Asia's financial hub --- Hong Kong. Through our collaboration with China United Development, we will seamlessly connect high-quality assets from the real economy to the capital markets. This partnership not only further strengthens our platform's capabilities but also creates significant value growth opportunities for our partner ecosystem, while clearly focusing on maximizing long-term returns for shareholders. What we have built is just the beginning --- in the future, new business models, innovative asset classes, and scalable growth potential will present limitless possibilities."

++About NVT++

NVTHK Limited ("NVT") is a fintech innovation company headquartered in Hong Kong, focusing on RWA tokenization infrastructure, virtual asset brokerage systems, and stablecoin technology solutions. NVT is the first company in Hong Kong to achieve regulated tokenized asset trading on-chain through an OTC platform, providing enterprise-level technology solutions for issuers, investors, and intermediaries.

++About China United Development Holdings Group Limited++

China United Development Holdings Group Limited ("CIDC") is registered in the Cayman Islands and listed on the main board of the Hong Kong Stock Exchange (Stock Code: 0264). As a mature investment holding company, CIDC has established a solid foundation in the manufacturing and distribution of high-quality leather products. CIDC actively promotes innovation and transformation strategies, seeking more opportunities to break through traditional core businesses. The Company is committed to seeking new business and value creation opportunities and expanding its operational scope and investment landscape in a timely manner.