CORPORATE ACTIVITIES

Chinlink International Holdings Limited and Xi'an Jiaotong University (“XJTU") Science Park Limited Company (“XJTU Science Park") had signed a ten-year strategic cooperation framework agreement in several areas, including technology and product commercialisation, technology startups incubation, advisory and mentoring and venture capital funding and operation for the technology startups under the XJTU Science Park. By combining their respective resources, the parties will also jointly build additional technology incubation centres in Shaanxi Province and rest of China in order to further explore and cultivate potential technology projects and enterprises. The partnership will help promote the development of technology enterprises in China and create business values for both parties.

Under the agreement framework, the incubation centres will utilise the XJTU Science Park's technology and research resources and talents, and Chinlink's network and expertise in international capital markets and financial services. Starting from Shaanxi, the incubation centres will focus on discovering and cultivating outstanding local technology projects and enterprises providing business resources, learning and skill developments, mentoring and capital access on an international scale. Furthermore, Chinlink and XJTU Science Park will work together as a new platform for the exchange of technology between western China and rest of the world and to invite strategic emerging industries to land on Shaanxi in order to boost local innovation and economic development.