Liton Holdings: Sign a letter of intent to invest. The target company will develop and successfully launch a stablecoin platform and infrastructure.

LionRock Holdings announced on the Hong Kong Stock Exchange that they have entered into an investment letter of intent with the seller. Based on this, the company plans to propose a recommended acquisition of all the issued shares of the target company as stated in the investment letter of intent. As part of the recommended acquisition, the management and founders of the target group will provide a three-year income and profit guarantee. The consideration for the recommended acquisition will be paid through the issuance of new shares of the company. The target group, based in Singapore, has become a global leader in software innovation and ecosystem development for accelerating artificial intelligence, memory blockchain, decentralized finance, and stablecoin technologies, including the development and successful launch of stablecoin platforms and infrastructure.