Zhitong Financial App News, HASHKEY HLDGS (03887) announced that on July 22, 2026, HKDAG SG (a wholly-owned subsidiary of the company) and target company Asia Pacific Exchange Pte. Mr. Zhu Yuchen, the major shareholder of Ltd., and the target company entered into a non-legally binding framework agreement for the possible acquisition of all shares in the target company.

The Group has always focused on developing and operating licensed fintech platforms, and is committed to providing secure and compliant transaction facilitation, innovative financial product trading and matchmaking services, and asset management services. The target group operates a comprehensive and complete financial market infrastructure, which relies on the target company's “accredited exchange” license and Asia Pacific Clear Pte. Comprehensive issuance and settlement capabilities granted by an “Authorized Clearing House” license held by Ltd. (target group member company) in Singapore.

In view of this situation, the company believes that the proposed acquisition provides an attractive opportunity for the Group to establish a more expansive regulated base in Singapore, which is in line with its broader strategy of establishing a diversified and cross-jurisdictional fintech platform operating under a robust regulatory framework.

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