SY HOLDINGS (06069): Successfully completed the issuance of the first supply chain asset tokenization project in the Asia-Pacific region.

SY HOLDINGS (06069) announced on August 21, 2025, that it officially launched its global layout and created a voluntary announcement of a new "international supply chain technology platform" (technology platform) driven by artificial intelligence (AI) technology. The Board of Directors of the company further announced with pleasure that on August 27, 2025, the group successfully completed the issuance of the first supply chain asset RWA (Real World Assets) tokenization project in the Asia-Pacific region on the HashKey Chain, an Ethereum Layer-2 public chain under the Asian digital asset financial services group HashKey Group. The RWA tokenization project set up a shelf amount equivalent to $100 million, linked to the real income of high-quality supply chain assets covering various industries such as e-commerce within the SY HOLDINGS international supply chain technology platform, and received positive subscriptions from international investors. The RWA tokenization project will be issued in stages in innovative forms such as multi-currency and open stable coin settlements, including but not limited to tokenization of supply chain profit rights, tokenized supply chain borrowing, and various other products. In addition, in this RWA tokenization project, HashKey Chain, as a compliant-friendly blockchain infrastructure, provides a secure, stable, and composable technical foundation for the group, and leverages its leading advantages in smart contract standards and modular deployment to support the registration, interface, reconciliation, and circulation of supply chain physical assets on the group's technology platform, ensuring efficient circulation and traceability of such assets between "off-chain" and "on-chain." At the same time, HashKey NexaToken, under HashKey Group, provides crucial on-chain technical support for this RWA tokenization project. HashKey NexaToken focuses on providing efficient and secure tokenization services for traditional financial assets, leveraging its optimized user experience, high-performance low-cost design, rapid deployment capabilities, and high security, adaptively supporting diversified scenarios of SY HOLDINGS supply chain assets, facilitating the rapid implementation and efficient circulation of on-chain assets in this RWA tokenization project. The successful landing of the RWA tokenization project, in resonance with the group's launch of global layout and the creation of the "AI+ international supply chain technology platform," will accelerate the transformation of "real asset certainty" into "configurability of on-chain value." Its core significance lies not only in the successful attempt of the first RWA tokenization project but also in verifying the compliance and replicability of the entire process of supply chain asset-related RWA tokenization, laying a foundation for the subsequent scale-up on-chain and deep integration of the Web3.0 ecosystem through the group's supply chain technology platform for more high-quality international supply chain assets. Subsequently, the two parties will actively explore and open up compliant paths to link physical supply chain assets with global funds, promote the standardization and scale-up circulation of asset value on-chain, provide secure, transparent, and innovative digital asset investment channels for global investors. The tokenization of RWA assets through institutional design can be organically combined with innovative applications of stable coins, thereby alleviating inherent issues in traditional transactions such as unclear ownership, insufficient asset liquidity, high transaction costs, and high investment thresholds, gradually becoming an important driving force to promote the efficient allocation of global capital and digital assets. On the other hand, as the core payment means for on-chain transactions, settlements, and profit distribution, the organic combination of stable coins and RWA tokenization not only provides a reliable value anchoring basis for asset tokenization but also plays an important role in international payments, real-time settlements, and liquidity allocation, significantly reducing transaction friction and exchange rate risks. As an important part of the global layout of "rebuilding a SY HOLDINGS," the innovative application of RWA tokenization and stable coins will significantly enhance the group's international supply chain technology platform's capability and efficiency in light asset operations - high-quality international supply chain assets within the technology platform can be transformed into standardized, divisible, and traceable digital assets on-chain, opening up efficient financing channels on-chain for small and medium-sized enterprise customers and providing transparent, trustworthy, and traceable value carriers for assets that are difficult to access traditional international capital markets. This will significantly increase the attractiveness of supply chain assets of small and medium-sized enterprises to global institutional and Web3.0 ecosystem investors. Based on this, the group is expected to further activate low-liquidity assets in the global supply chain, maximizing the experience of fast, good, and economical turnover of international supply chain funds and providing compliant, efficient, and trustworthy digital asset allocation channels for global investors. The Board of Directors believes that through the collaboration with HashKey Chain to accomplish the first RWA supply chain asset project in the Asia-Pacific region, the global tokenization process of supply chain assets will be jointly promoted, accelerating the integration and application of traditional supply chain assets with Web3.0 technology. In the future, the group will strive to extend its digitalization and intelligent full-life cycle management capabilities of supply chain assets accumulated over the years to the Web3.0 domain, break the credit reliance on issuing entities for traditional RWA projects, fill the gap in linking underlying asset trading information in the Web3.0 ecosystem, and open a new window for global investors to participate in the configuration of trustworthy supply chain physical assets. Only by fully mapping real, sustainable, and verifiable supply chain physical assets to the chain can digital assets better serve small and medium-sized enterprises on global industrial supply chains. The group will also collaborate with more industry ecological partners to jointly build an open, compliant, and win-win Web3.0 ecosystem, enhance the resilience of physical industries through digital technology, and create more sustainable value for small and medium-sized enterprises and global investors.