Partnering with the startups of The STILE Initiative in fostering entrepreneurial development

HONGKONG, CHINA - Media OutReach - 30 May 2019 -Stan Group, the leading conglomerate dedicated to driving innovation and entrepreneurialdevelopment, announced today that GEAR Financial Group and Tang's Living Group arecollaborating with startups from The STILE Initiative, Asia's firstinvestment-backed residential incubation programme founded by Stan Group.

Under the witness of Mr. Stan Tang, Chairman of Stan Group (second-row middle),
Mr. Gilbert Wong, Executive Director of Gear Financial Group (front 2nd left) signed MoU with
Mr. Adrian Lai, CEO of Liquefy (front left), while Mr. Eric Cheng, Managing Director of Tang's Living Group (front 2nd right) and Mr. Norton Wong, Director of Sales of Flow Entertainment Limited. (front right) signed agreement for the partnership.

Mr.Stan Tang, Chairman of Stan Group and Founder of The STILE Initiative, said, "TheSTILE Initiative is designed to support entrepreneurial development andinnovation in Asia Pacific, as well as foster engagement between corporationsand entrepreneurs. We are pleased to see our high-performing incubatees have developedbusiness solutions that address market needs. The collaboration not onlyenables our business units to better serve the new demands of customers usingdifferent innotech solutions, but also further expand the business ecosystem ofStan Group."

Tang'sLiving Group ("Tang's Living"), the flagship hospitality arm of StanGroup, and Flow Entertainment Limited ("Flow"), a day-use hotelreservation platform, have entered into a partnership to capture the booming short-haulhotel market and accelerate innovation in the hospitality industry. Under theagreement, Flow is to provide day-use hotel sales and platform solutions to allof the hotel brands under Tang's Living's umbrella.

Mr.Norton Wong, Director of Sales of Flow said, "The collaboration with Stan Groupdemonstrates a new future in hospitality industry and an innovation of businesspractices to further enhance travel experiences for visitors."

GEAR Financial Group, Stan Group's strategic partnerproviding financial investment and asset management service, and Liquefy, anend-to-end security token issuance platform with blockchain technology, signeda MoU to jointly explore the business opportunities of realestate tokenization.The project, titled "STAN by Hong Kong", aims to build the digital real estateecosystem 2.0 with the power of emerging blockchain technology.

Mr.Adrian Lai, CEO of Liquefy said, "We see our partnership with Stan Group as anincredible opportunity to drive Hong Kong as a whole towards being a smart citywith security token ownership and paperless ownership systems. Together, we canchange the way many in Hong Kong look at real estate investment as out ofreach."

Formore details about The STILE Initiative, visit www.stileapac.com.