China In-Tech (00464.HK): Signs MOU with CreatorX for Potential Investment in AI and Web3.0 Creator Economy Platform

NewTimeSpace News: China In-Tech Limited (stock code: 0464) issued a voluntary announcement on July 24 regarding a memorandum of understanding for a potential investment.

According to the announcement, on July 24, 2026 (after trading hours), the company (as potential investor) entered into a non-legally binding memorandum of understanding ("MOU") with CreatorX inc ("Target Company") regarding a potential investment in the Target Company ("Potential Investment"). As far as the directors are aware, having made all reasonable enquiries, the Target Company and its ultimate beneficial owners are independent third parties independent of the company and its connected persons.

The announcement stated that the Target Company is incorporated in the United States and aims to leverage artificial intelligence and Web3.0 technologies to build a creator economy platform. The Potential Investment and its specific terms (if proceeded with) will be subject to the company's further due diligence and further negotiations among the parties to the MOU.

The announcement also disclosed that as of the date of the announcement, the terms and conditions of the Potential Investment are still under discussion, and no legally binding agreement has been entered into. The company will issue further announcements regarding the Potential Investment in due course in accordance with the applicable requirements of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited.

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