Integrated Media Technology Limited announced that the Company's subsidiary Ace Corporation Limited has entered into a cooperation agreement with Hainan Pansuo Art and Culture Development Co. Ltd., to establish a strategic partnership to provide one-stop blockchain traceability, automated NFT production, electronic settlement and related development and technical support. IMTE's online trading platform named Ouction and its development team will work with Pansuo to create digital assets for the art collections associated with the Chinese civilization, including some Non-Fungible Tokens to be sold on the Ouction online trading platform or online auction platform.