Greater Bay Area Dynamic Growth Holding Limited board of directors of the company announced that on 1 September 2023, the Company entered into a strategic cooperation agreement with the Hong Kong Digital Asset Exchange Limited. The Board believes that digital and blockchain technologies provide a broad upgrade for improves efficiency, and enables hotels to deliver truly personalized services. Technologies are also helping to improve guest safety and security through on-chain biometric integration, smart security systems, and seamless payments.

The Company is of the view that entering into the Strategic Cooperation Agreement provides a valuable opportunity for the respective resource operation of the Group and HKDAE, which enables both parties to benefit from each other and draw on each other's strengths, and is in the interests of the Company and its Shareholders as a whole.