Berjaya Corporation Berhad and China Sports Lottery HKJC INFOTECH (Beijing) Co. Ltd. signed a Cooperation Framework Agreement to cooperate on lottery management, business development and technical and market solutions to further expand the areas of cooperation and explore opportunities to jointly develop the third-party lottery market under a responsible gaming framework. The Framework Agreement will be for an initial five-year term commencing from 26 August 2020, subject to renewal. Stemming from the "Belt & Road" Initiative, this bilateral cooperation aims to further enhance the technical and business management capabilities of BCorp and its subsidiaries in lottery operations, enrich its lottery product offerings, study opportunities for expanding into the third- party lottery market, and promote the rapid and healthy development of the lottery business on the basis of mutual respect, trust, and friendly consultation with CSLJC to broaden business cooperation for common growth and development. CSLJC is a Sino-foreign cooperative joint venture established by China Sports Lottery Technology Development Co. Ltd. and HKJC Business Ventures (China) Limited, a business unit of the Hong Kong Jockey Club. As the core technical service provider of sports lottery in Mainland China, CSLJC provides customers with technical services on various types of lottery product design and development, operation and promotion, technical architecture design, core trading system research and development, testing and operation services and lottery omni-channel construction, based on WLA-SCS and ISO20000 certification system standards providing safe, stable and professional system integration services.