DTXS SILK ROAD (00620) entered into a memorandum of understanding with Hainan International Cultural and Artworks Trading Center Co., Ltd.
Datang West Market (00620) announced that on January 23, 2026, its wholly-owned subsidiary entered into a memorandum of understanding with Hainan International Cultural and Artwork Trading Center Co., Ltd. (Haiwen Exchange).
DTXS SILK ROAD (00620) announced that on January 23, 2026, its wholly-owned subsidiary entered into a memorandum of understanding with Hainan International Cultural and Artwork Trading Center Limited (Hainan Cultural Exchange).
The agreement states that both parties will cooperate based on the concept of "integration of culture, arts, and technology, inheritance and innovative development," leveraging their respective advantages, resources, and proprietary technologies to achieve comprehensive cooperation in order to seize business opportunities together. DTXS SILK ROAD's subsidiary plans to utilize Hainan Cultural Exchange's strengths in overseas antique collection, traditional artworks trading, circulation of digital artworks, and cultural and creative IP services as the core for development, promoting the upgrading of the "culture, arts, technology, digitization, industry, finance" business model. Hainan Cultural Exchange, in turn, plans to leverage DTXS SILK ROAD's rich cultural and artistic heritage, international investment and cooperation platform, art auctions, art finance, artwork warehousing logistics, and antique collection and procurement resources for product development and market promotion. With digital technology as the link, Hainan Cultural Exchange is committed to promoting cultural and artistic industry cooperation projects.
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