Zhonglian Development becomes a founding member of the Hong Kong Digital Asset Listed Companies Federation

Zhonglian Development Holdings Group Limited (Hong Kong Stock Exchange stock code: 0264, "Zhonglian Development") today announced its membership as a founding member of the Hong Kong Virtual Asset Listing Association ("HKVALA"), reinforcing its commitment to establishing a strong influence in the Real World Assets (RWA) sector.

This move comes as Zhonglian Development recently made a strategic investment in Hong Kong's first regulated RWA platform, NVT. This investment allows Zhonglian Development to directly participate in the valuation growth dividends brought about by the global expansion of the RWA market. At the same time, NVT's expertise and ecosystem will assist Zhonglian Development in expanding its own RWA business and solutions, accelerating the company's entry into this rapidly growing new field of digital finance.

Combining the investment in NVT and its role in HKVALA, Zhonglian Development has unique advantages in both financial returns and the operational capability of tokenized assets. This synergy creates long-term value for shareholders and helps promote Hong Kong's vision of becoming a global leading regulated digital asset center.

About NVT

NVTHK Limited ("NVT") is a Hong Kong fintech innovation company focused on the tokenization infrastructure for Real World Assets (RWA), virtual asset brokerage systems, and stablecoin technology solutions. NVT is the first in Hong Kong to enable regulated tokenized assets to be traded on-chain through the OTC market, providing enterprise-level technology services to issuers, investors, and intermediaries.

About Zhonglian Development Holdings Group Limited

Zhonglian Development Holdings Group Limited ("Zhonglian Development") is registered in the Cayman Islands and listed on the main board of the Hong Kong Stock Exchange (stock code: 0264). As an experienced investment holding company, Zhonglian Development has established a solid foundation in the manufacturing and distribution of high-quality leather products and actively promotes innovative transformation strategies, seeking new development opportunities beyond traditional core businesses. The company is committed to exploring new businesses and creating value, expanding its operations and investment areas in a timely manner.

About the Hong Kong Virtual Asset Listing Association

The Hong Kong Virtual Asset Listing Association was jointly initiated by several representative listed companies in the digital asset field, aiming to build industry consensus and deepen government-enterprise collaboration. Leveraging Hong Kong's unique regulatory framework and policy advantages, it is dedicated to creating a hub for regulatory innovation practices in stablecoins and a strategic platform for institutional-level digital financial infrastructure, becoming a benchmark for the compliance of global RWA (Real World Asset Tokenization), promoting compliance innovation and large-scale application in cutting-edge fields such as stablecoins and RWA, leading digital technology innovation, and helping Hong Kong consolidate its position as an international financial center.