The board of directors ArtGo Holdings Limited announced that on 9 March 2023 the Company entered into a strategic cooperation agreement with Jiangsu Daocheng Biotechnology Co. Ltd. established in the People's Republic of China, pursuant to which the parties intend to carry out a cooperation. Except for the provisions in relation to binding effect, confidentiality and dispute resolution, which shall be binding upon the parties to the Agreement, other provisions set out in the Agreement are subject to the negotiation and execution of any formal agreement(s) and shall not be binding upon the parties to the Agreement.