About CHANGYOU ALLI Company

Linked by Changyou Alliance Group Limited (HK01039; Hong Kong Stock Exchange) http://www.hkex.com.hk. (hereinafter referred to as the “Group” for short), jointly initiated by CCB International and UnionPay Commerce, and invited China Mobile, Bank of China and China Eastern Airlines to participate, is making every effort to build a globally oriented “Digital Credit Business Ecosystem Alliance” (Platform for short), which will leverage a new blue ocean of financial assets through points to create a new, sustainable, and recyclable digital credit ecosystem. In this new digital points system, points will completely change the way people live. In the future, in a business environment without notes, in any business scenario where we want to spend, we will be able to purchase goods and services from around the world only through points on the premise that there are no payment actions. At the same time, the digital credit system will also completely disrupt the way points were fragmented, marginalized, and invested heavily in the past, so that points can truly generate value for the core marketing of enterprises, help enterprises achieve revenue growth, and ultimately achieve a win-win situation for consumers and enterprises. The establishment of a digital points system will completely disrupt the current traditional domestic credit operation model and is of epoch-making significance for the development of China's digital points market. With their unique monetary properties, digital points also solve the pain points of traditional point exchange and inconvenient circulation, making them a new type of virtual asset that can satisfy consumer savings and preservation, a wide range of equivalent exchange of goods and services, financial transactions, and credit payments. The “free access platform” can accelerate the value-added preservation of these virtual assets and provide high security for asset preservation. The platform will also provide users with optimal financial planning for rational use of virtual assets and rational investment. The “Open Platform” will actively implement the development policy of inclusive finance and use digital points to promote the development of inclusive finance. With the rapid development of the financial industry, demand for credit information is getting stronger and stronger, and due to the influence of various factors, China's credit reporting industry is still in the early stages of development. As an accurate virtual asset management and operation platform, the “Easy Access Platform” enables users to sample every transaction and consumption behavior made through virtual assets. By effectively extracting and establishing big data model sample banks and massive databases with accurate consumer images, it is conducive to building a new type of Internet credit reporting system integrating corporate credit reporting, personal credit reporting, and commodity credit reporting, improving China's social credit environment, and promoting the healthy development of China's financial industry. In the future, by integrating the resource advantages of various allied enterprises and joining hands with important financial payment companies in Europe and the US, the Group will use digital points in the “equivalent form of virtual assets” to establish a cross-border virtual asset pool, so that users' digital credit virtual assets can be distributed globally, and effective consumption can be carried out through credit grants, including shopping, service consumption, and commercial procurement, to achieve an international strategy. The Group is committed to building the world's most influential digital credit business ecosystem and leading the business community into the era of smart connectivity.