ZHAOJIN MINING (01818) signs a strategic cooperation memorandum with Ant Group.

Zhaojin Mining (01818) announced that on November 3, 2025, its wholly-owned subsidiary Hong Kong Zhaojin Mining Limited (Zhaojin Mining) entered into a strategic cooperation memorandum with SigmaLayer Company Limited (SigmaLayer), a member company under Ant Group's technology commercialization sector (Ant Group Digital Technology). According to the memorandum, the group and Ant Group Digital Technology will establish strategic cooperation in multiple areas based on the application of blockchain and artificial intelligence core technologies. This includes building and exploring the digitization and tokenization of overseas gold assets; AI-driven intelligent supply chain and risk control systems; and delivering trustworthy value in sustainable development and environmental, social, and governance fields. Any specific activities or projects planned in accordance with this memorandum must be subsequently formalized by all parties under strict compliance and safety conditions. As the global digitization process accelerates, the integration of artificial intelligence and blockchain technology has become a key driving force for industrial development. This strategic cooperation with Ant Group Digital Technology will leverage the strengths of both parties: Ant Group's technical expertise in artificial intelligence and blockchain, combined with the group's professional experience in the mining industry, to explore new paths for the digitization upgrade of the overseas gold industry. This strategic cooperation will not only consolidate the group's position in the mining sector but also help Ant Group Digital Technology deepen the application of artificial intelligence and blockchain technology. It is expected that significant synergies will be generated, creating new growth opportunities for both parties. Given the above, the board of directors believes that this strategic cooperation is not only an important practice for both parties to respond to the country's development of a digital economy strategy but also a strategic choice for the group to leverage its industrial advantages and forward-looking layout of the digital technology track. This strategic cooperation aligns with the overall interests of the company and its shareholders.