MINDTELL TECH (08611) subsidiary has established partnerships with over 4000 merchants, with business covering over 29 provincial-level regions in mainland China.

MINDTELL TECH (08611) has announced that its indirectly wholly-owned subsidiary, Henan Lixuan Network Technology Co., Ltd. (Henan Lixuan), has been authorized to use the name "MINDTELL TECH International" in its business activities with its cooperation partners. Since the announcement, Henan Lixuan has actively expanded its market and developed cooperation with merchants, making significant progress in its business. As of the date of this announcement, Henan Lixuan has established partnerships with over 4,000 merchants, covering over 29 provincial-level regions in Mainland China. From the completion of the acquisition of Henan Lixuan by the group until the date of this announcement, the total merchandise transaction amount generated from these partnerships has exceeded RMB 150 million (unaudited). These partnerships reflect the effectiveness of the group's authorized operating model expansion and lay a foundation for future business growth.