IntelliMark AI International Forms Joint Venture with Nanjing Zhongke to Develop Anti-Counterfeiting Technology in China

Reuters2025-09-25

IntelliMark AI International Forms Joint Venture with Nanjing Zhongke to Develop Anti-Counterfeiting Technology in China

IntelliMark AI International Limited has announced that its wholly owned subsidiary, Luxey HK, has entered into a joint venture framework agreement with Nanjing Zhongke. Under the agreement, a new joint venture company will be established in Mainland China, with Luxey HK holding a 51% stake and Nanjing Zhongke holding 49%. The joint venture will focus on the development and sale of anti-counterfeiting technology products in the Chinese market. Nanjing Zhongke is controlled by Mr. Zhang Weihong, IntelliMark AI's chairman and executive director, making this a connected transaction under Hong Kong's GEM Listing Rules. The agreement is exempt from shareholders' approval and additional disclosure requirements according to GEM regulations.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Intellimark Ai International Ltd. published the original content used to generate this news brief on September 25, 2025, and is solely responsible for the information contained therein.

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