The board of directors of DT Capital Limited announced that on 31 January 2023, Jinlong Jinhang (Beijing) Gold Group Co. Ltd. (Jinlong Jinhang) entered into a memorandum of strategic cooperation with the company, in respect of the cooperation by the parties at carrying out related mine development and gold store chain business. Pursuant to the Memorandum of Strategic Cooperation, the company proposes to expand its business layout in the gold industry and mineral resources segment through the business of Jinlong Jinhang, and both parties will actively cooperate with each other based on their respective strengths.

Reasons For And Benefits Of Entering Into The Memorandum Of Strategic Cooperation: The board believes that the successful entering into of the Memorandum of Strategic Cooperation with Jinlong Jinhang will enable the Company to integrate various resources on a mutually beneficial basis. Both parties will closely cooperate to develop the potential market in mine development and gold store chain business. The Board believes that the Memorandum of Strategic Cooperation and transactions contemplated thereunder are fair and reasonable and in the interests of the company and its shareholders as a whole.