About IB SETTLEMENT Company

A global fintech company IBS, whose full name is International Commercial Settlement Holdings Limited (HKSE stock code: 00147.HK), is committed to becoming a leading global fintech company. The world's rapidly developing fintech has brought major changes and development opportunities to the global financial industry. IBS seizes the opportunity to deploy a next-generation global settlement network based on distributed networks, blockchain and other technologies. By connecting to real-time clearing systems of central banks, it provides a fast, efficient, and low-cost financial highway between countries. Based on the unique blockchain regional clearing ring technology, IBS has built a multi-currency, internationalized, and distributed global clearing platform. The platform is not only a platform where regional centers (sovereign countries) govern and co-manage, but also a platform shared by many participants (pan-financial institutions). It aims to achieve point-to-point, “7X24” (that is, 24 hours a day, 7 days a week), multi-currency, real-time fund settlement for global cross-border trading enterprises and individuals. Facing the global market, particularly countries along the Belt and Road, IBS focuses on deploying a global financial clearing and settlement network, building a strategic core financial infrastructure along the Belt and Road, and implementing next-generation global clearing and settlement standards. It aims to connect regional clearing chains in Europe, Central Asia, South Asia, the Middle East, Africa, etc. through system connections with central banks and commercial banks in countries along the Belt and Road, and carry out real-time multi-currency settlement between China and the world. Countries associated with the Belt and Road Initiative have a total population of about 4.4 billion and a total economy of about 21 trillion US dollars, covering 64% of the world's population and 30% of GDP. Compared with traditional high-cost and inefficient clearing routes, IBS has achieved rapid development in the broad Belt and Road market with next-generation clearing and settlement networks, and has restructured the global clearing and settlement market pattern.