As remote working has become increasingly common in the post pandemic era, we saw a growing demand for digital signing for local as well as cross border business transactions. We received new orders for our digital signing solution from two financial institutions based outside Hong Kong. These institutions utilized our solution for digital document signing by their clients located abroad, using recognized certificates remotely issued to them using their e-Passports for identity authentication. The recognized certificate used in our solution, Personal (Remote) ID-Cert Class 12, is issued by Digi-Sign Certification Services Limited, a wholly-owned subsidiary of Tradelink and a commercial Recognized Certification Authority under the Electronic Transactions Ordinance (Cap 553) in Hong Kong. Our solution enables businesses to achieve enhanced security that is globally recognised under Adobe Approved Trusted List (AATL) and comply with the relevant regulatory requirements in Hong Kong for cross-border document exchange.

Furthermore, the Hong Kong Stock Exchange ("HKEX") has announced the mandatory implementation of digital signatures supported by recognized certificates for the electronic submission of prospectuses and accompanying documents to HKEX and Company Registry for authorisation and registration with a 6-month transition period starting from 1 January 2024. As the sole commercial Certificate Authority recognized to issue recognized certificates for this purpose, we have received significant interest from banks, legal firms, and audit firms. We plan to collaborate with strategic partners to offer a comprehensive document management solution to support the document workflow requirements and document signing with an aim to empower our clients to streamline their processes, enhance security and comply with the applicable rules as necessary. We are very keen about the opportunities that lie ahead.

Leveraging our extensive Government Electronic Trading Services ("GETS") customer base and in-depth understanding of customer needs, we have formed strategic collaborations with partners to offer services for our GETS customers that go beyond trade compliance operations, such as banking and financial services.

Following our successful collaboration with PingAn OneConnect Bank (Hong Kong) Limited on promoting the bank's loan service to our GETS customers, we have also formed further partnership under Hong Kong Monetary Authority ("HKMA")'s Commercial Data Interchange ("CDI") initiative. As a data provider of HKMA's CDI initiative, we support the Bank of East Asia, Limited ("BEA") in its first trade finance product launched under CDI infrastructure. With the consent of our customer, Tradelink provides customer's import / export trade declaration data submitted to the Hong Kong Government through us to PingAn OneConnect Credit Reference Services Agency (HK) Limited for its credit reference service to provide to BEA through CDI. BEA will then use such data as one of the factors for the applicant's credit approval. As a statutory document, the import & export declaration lodged by our customers provides reliable reference information reflecting the current performance of their businesses. The collaboration streamlines the loan evaluation and approval process, enabling SMEs to quickly obtain financing as working capital or business development.

We are optimistic about the potential for working with more partners to facilitate innovative usage of commercial data to enhance financial services. We believe such collaborations could address the practical needs of our customers and provide three-way benefits to us, our partners, and our customers.