FinTech Chain Limited (FTC) announced the execution of a new contract with the Guangdong Province Rural Credit Union (Guangdong Credit Union) in relation to strategically T-Linx rollout programme. The contract starts immediately without any trial period with the key terms: Services Provided: Industry Applications (inclusive in T-Linx Middle Software system): 1. Smart Retail; 2. Smart Food & Beverage; 3. Smart Parking. Service Fee: 3 basis points calculated on gross transaction value processed by T-Linx system. Term of the Contract: 3 years and renewable thereafter for another 2 years. This contract provides FTC with an excellent opportunity to further develop and market T-Linx payment solutions in Guangdong Province. This agreement is consistent with FTC's other newly signed contracts which include service fee revenue of 3 basis points based on the actual total T-Linx transacted volume by value. Service fee invoicing will commence immediately on transaction flow through T-Linx system. Management considers service fees will be margin accretive on the basis there is no further research and development required and the contract sits within the scope of the T-Linx documented commercialisation plan.