China Art Financial (01572.HK) Subsidiary Signs Cooperation Agreement with Shenzhen Cultural Exchange

NewTimeSpace · 2026/06/24 20:47 · By Zeyu Wu

China Art Financial (1572.HK) announced that its subsidiary Jingdong Holdings (Shenzhen) signed a cooperation agreement with Shenzhen Cultural Property Exchange on June 17, 2026, to provide agency trading, consulting and other services within Shenzhen CEx's cultural big data application trading and operation service center; Shenzhen CEx is a national-level key cultural element trading market controlled by Shenzhen Media Group and authorized by the Ministry of Finance as a designated trading platform for central cultural enterprises' state-owned property rights, and the Group expects the cooperation to generate new recurring revenue streams as it strategically enters the cultural big data sector.

China Art Financial Holdings Limited (1572.HK) announced on June 24, 2026, that its subsidiary, Jingdong Holdings (Shenzhen) Co., Ltd., has entered into a cooperation agreement (the "Agreement") with Shenzhen Cultural Property Exchange Co., Ltd. ("Shenzhen CEx").

Shenzhen CEx was established with the joint approval of nine central ministries and commissions including the Publicity Department of the Central Committee of the Communist Party of China, and is controlled and operated by Shenzhen Media Group. It is positioned as a wholly state-owned integrated service platform for cultural property rights element trading and cultural industry investment and financing, and is also a national-level key cultural element trading market. In addition, Shenzhen CEx is a designated trading platform for state-owned property rights of central cultural enterprises authorized by the Ministry of Finance of the People's Republic of China.

Under the Agreement, the subsidiary is authorized to provide agency trading, consulting and other services within the cultural big data application trading and operation service center of Shenzhen CEx.

The Group believes that this cooperation represents the Group's strategic entry into the cultural big data industry, which is a rapidly growing and state-supported sector in China. Leveraging its financial services expertise and brokerage capabilities, the Group expects to generate new recurring revenue streams under the Agreement.

NewTimeSpace Disclaimer: All content herein is the original work of NewTimeSpace. Any reproduction, reprinting, or use of this content in any other manner must clearly indicate the source as "NewTimeSpace". NewTimeSpace and its authorized third-party information providers strive to ensure the accuracy and reliability of the data, but do not guarantee the absolute correctness thereof. This content is for reference only and does not constitute any investment advice. All transaction risks shall be borne by the user.

Tags：

China Art Financial 01572.HK Agreement