Feiyang Group: "Cultural Tourism Digital-Physical Card" Project Fully Subscribed

Foresight News: According to a report by Zhitong Finance, Feiyang Group (01901.HK) has announced that its wholly-owned domestic subsidiary, Zhejiang Feiyang Shulian Technology Co., Ltd., together with Qingdao Cultural Property Exchange Center (compliance and platform co-construction partner), Mile City Hotel and Homestay Industry Association (asset recommendation partner), Conflux Network (blockchain technology support partner), Shanghai Wow Universe Digital Technology Co., Ltd. (IP operation and production partner), and Beijing Shuhe Technology Co., Ltd. (digital copyright incubation, issuance, and full-process guidance partner), have jointly launched the first “physical card carrier + real cultural tourism asset (rights) implementation + blockchain full-process certification” digital-physical integration project, which achieved full subscription on September 29, 2025.