Landmark Capital Limited (the 'Company'), a subsidiary of KVB Global Capital Ltd, is pleased to announce that it signed a strategic cooperation agreement with Alipay (China) Network Technology Co., Ltd. ('Alipay') on 19 March 2021, forming a long-term partnership. Under the agreement, the Company and Alipay will leverage the power of digital and mobile technology to jointly advance the development of cross-border remittance services and enhance their overall capabilities, enabling users of both parties to enjoy highly competitive rates and experience seamless cross-border remittance with instant transfers.

Ms. Susan Sun, Managing Director of KVB Global Capital Ltd, said: "We are delighted to partner with Alipay on global cross-border remittances, a collaboration that marks an important milestone. Together, we will harness the power of technology and the Company's global network to provide overseas Chinese with more convenient, efficient, and low-cost round-the-clock cross-border payment services."

The "digital economy" represents the overarching trend for the future development of the financial industry. The Company will combine Alipay's powerful technological expertise with its own years of experience serving the broad overseas Chinese community to jointly set a new benchmark for the development of cross-border remittances.