NVT HK Limited Announces Successful Issuance of the World's First Offshore RMB Denominated Digital Public Bond on Ethereum Blockchain

[Hong Kong, September 1, 2025] NVT HK Limited (referred to as "NVT"), a strategic joint venture of China United Development (00264.HK), announced today the successful issuance of the world's first offshore RMB denominated digital native public bond on the Ethereum blockchain, facilitated by GF Securities (Hong Kong). This product was issued by Shenzhen Futian Investment Holdings Co., Ltd., with GF Securities (Hong Kong) Brokerage Co., Ltd. acting as the lead global coordinator, exclusive core agent for blockchain technology, exclusive arranger, and tokenized securities custodian. CMB International and Songgang International served as co-global coordinators and co-bookrunners, while NVT provided end-to-end tokenization issuance and on-chain distribution support as the technology solution provider.

The tokenized public bond has a term of 2 years, a coupon rate of 2.62%, and an international issuer rating of A- from Fitch. The issuance size is 500 million RMB, and it is listed on the Macau Stock Exchange and Shenzhen Stock Exchange. The tokenized bond has completed on-chain deployment on the NVT RWA tokenization platform. As the first offshore RMB denominated tokenized bond issued in the public market in Hong Kong, this project breaks through the previous limitations of tokenized products, which were mostly issued in private placements, achieving public fundraising for a broader range of investors and marking a new phase of digitization and popularization in the Hong Kong bond market. At the same time, the simultaneous listing of the bond on the Shenzhen and Macau exchanges realizes the world's first listing of tokenized securities based on a blockchain public chain on traditional exchanges, endowing the product with liquidity in diverse markets and further enhancing its market recognition and internationalization.

NVT's RWA tokenization platform supports the entire on-chain operation process from issuance to distribution, including investor whitelist management, smart contract deployment, legal document association, and on-chain investor registry maintenance. Through this collaboration, NVT has helped GF Securities (Hong Kong) achieve efficient digitalization of bond issuance and distribution within a compliant framework, significantly enhancing transparency, efficiency, and security.

NVT's founder and CEO, Zhao Jianguo, stated: "We are honored to assist GF Securities (Hong Kong) in completing the world's first offshore RMB tokenized public bond issuance. Tokenization is gradually moving out of the exploratory phase and entering a more scaled and in-depth practice. The significance of this public bond issuance lies not only in allowing a wider range of investors to participate directly but also in truly bridging the gap between traditional markets and on-chain infrastructure. We believe that the future bond market will no longer be limited to over-the-counter or private placement forms, but will operate in a more efficient, open, and inclusive manner within a compliant and transparent framework. NVT's mission is to support and drive this profound transformation with a solid and reliable technological foundation."

The success of this issuance not only allows Hong Kong to take the lead in the international financial market by achieving comprehensive tokenization of public bonds but also showcases the deep integration of diverse markets and blockchain technology through the simultaneous listing on the Shenzhen and Macau exchanges and the on-chain registration on the Ethereum public chain. NVT provides comprehensive underlying technical support throughout the process, ensuring that the product possesses compliance, market liquidity, and public chain transparency. This fully reflects NVT's unique position in the construction of tokenization infrastructure in Hong Kong, not only as a technology service provider but also as a core force driving the digital transformation of the public market.

About NVT

NVT HK Limited (referred to as "NVT") is a technology company headquartered in Hong Kong, focusing on providing digital infrastructure for financial institutions and enterprises. NVT's shareholder, China United Development Holdings Group Limited (referred to as "China United Development", 00264.HK), provides strong support for the company's long-term development in the Hong Kong financial market. As a pioneer in blockchain and tokenization services, NVT offers a complete set of infrastructure solutions, including a real-world asset (RWA) tokenization platform, virtual asset brokerage system, and enterprise-level digital wallet solutions.

In 2024, NVT successfully delivered two landmark projects: assisting GF Securities (Hong Kong) in completing the first tokenized securities issuance under Hong Kong's legal framework, and supporting Cinda International Asset Management in launching short-term asset-backed liquidity notes token STBL. In 2025, NVT further expanded its achievements by assisting Jinzhu Asset Management Co., Ltd. in launching a tokenized limited partnership fund. These successful cases highlight NVT's efficiency and reliability in RWA tokenization infrastructure, as well as its commitment to a customer-centric innovation spirit. NVT is dedicated to building a bridge between traditional finance and digital finance, helping institutions thrive in the global market.

In August 2025, China United Development announced its strategic investment in NVT. This investment enables China United Development to directly participate in the valuation growth brought by the global RWA market expansion of NVT. At the same time, NVT's expertise and ecosystem will support China United Development in developing its own RWA business and solutions, accelerating the company's entry into this rapidly growing digital finance sector.