Dear investors and community members,

We have participated in the International Competitive Bidding (ICB) today and have successfully defended the bid in front of experts from People’s Bank of China in accordance with international standard of bidding procedures.

THEKEY, as the only IDV service provider among the competitors, was highly appraised by the Evaluation Panel and it’s under close evaluation for the final results.

IDV (Identity Verification) technology is the fundamental and indispensable underlying layer of digital economy. Winning the bid will bring great significance to both the development of THEKEY as well as the construction of National Digital Assets Registration, Clearance and Settlement Center. We’ll keep you closely updated regarding the final results of the bidding.

Thank you for your support!

THEKEY, which you can always trust and rely on.

Catherine Li

Chairwoman and CEO of THEKEY

DISCLAIMER

THE PARTICIPANTS ACKNOWLEDGE AND UNDERSTAND THAT THE ACCOMPLISHMENT OF PILOT PROGRAM IS UNPREDICTABLE. THEKEY TEAM IS NOT AND WILL NOT BE RESPONSIBLE FOR ANY NON-PERFORMANCE RESULTING FROM THE PILOT PROGRAM. THIS PIECE OF NEWS DOES NOT CONSTITUTE ANY GUARANTEE OF WINING THE EVALUATION OR AN INVESTMENT SUGGESTION.