REG - Intuitive Inv Group - HUI10 SIGNS MILESTONE AGREEMENT WITH (“CFCA”)

Intuitive InvestmentsAnnouncement

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RNS Number : 9704N  Intuitive Investments Group plc  07 January 2026

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF
THE MARKET ABUSE REGULATION (EU) 596/2014 AS IT FORMS PART OF UK DOMESTIC LAW
BY VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL) ACT 2018, AS AMENDED. ON THE
PUBLICATION OF THIS ANNOUNCEMENT VIA A REGULATORY INFORMATION SERVICE, THIS
INSIDE INFORMATION IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN. The person
responsible for arranging for the release of this announcement on behalf of
the Company is Giles Willits.

 

7 January 2026

Intuitive Investments Group plc

 

("IIG" or the "Company")

 

HUI10 SIGNS MILESTONE AGREEMENT WITH CHINA FINANCIAL CERTIFICATION AUTHORITY
("CFCA")

 

IIG is pleased to announce that its principal investment Hui10, has entered
into a milestone agreement with the CFCA ("CFCA Agreement"), the national
security certification agency under the leadership of the People's Bank of
China and approved by the National Information Security Management Agency and
the Ministry of Finance, which signals the go-ahead towards the deployment of
Hui10's patented platform for the Paperless Play Lottery pilot.

Strategic Highlights

 =  The CFCA Agreement through Hui10's wholly owned subsidiary, Rong Zhixing
    (Beijing) Technical Services Co., Ltd ("Rong Zhixing") provides for
    integration with the CFCA platform to be deployed for a commercial Paperless
    Play Lottery pilot at provincial scale, as a precursor to nationwide rollout
    of this fully compliant terrestrially integrated digital lottery play
    infrastructure, subject to Ministry of Finance direction.

 =  Hui10 and CFCA will continue to jointly develop and refine technical
    standards, security protocols and operational systems required to enable
    compliant lottery ticket issuance via UnionPay certified POS terminal network.

 =  This technology backbone is a critical enabler for the expansion of Hui10's
    digital lottery platform, including Lucky World's Lottery HongBao
    infrastructure, in alignment with regulatory requirements set by the Ministry
    of Finance, State Taxation Bureau and national lottery Issuers.

 =  The CFCA Agreement formalises a key relationship with one of China's most
    significant state‑aligned Ministry of Finance approved technology
    institutions, strengthening Hui10's position as a trusted provider of digital
    lottery technology infrastructure. The collaboration supports the ongoing
    transition from paper-only lottery operations to a modernised, secure digital
    ecosystem, a shift to improve transparency, governance, user experience and
    regulatory compliance across China's lottery sector.

 =  It also reinforces Hui10's long‑term capability to deliver scalable digital
    solutions embedded within China's financial and payment infrastructure,
    leveraging UnionPay's national reach and CFCA's security certification
    expertise. This alignment is expected to support future growth in transaction
    volumes, expanded market participation, and deeper integration with national
    data and compliance frameworks.

 

In addition, further to the announcement of the Helikon Investment Agreement
("Helikon Agreement") on 15 December 2025, the signing of the CFCA Agreement
marks the achievement of strategic Milestone 1 under the Helikon Agreement and
triggers their first tranche £5 million equity investment at 91.5pence a
share, representing a pre-money fully diluted valuation of £200 million as
determined, and announced, under the Helikon Agreement. Alongside this
investment IIG expects to raise up to an additional £15 million from
investors who indicated their interest to invest following the announcement of
the Helikon Agreement on the same terms as the Helikon investment. The Company
will provide an update of the final share raise on completion of the
subscription process which commences following this announcement. On
completion of this raise, and the future amounts committed under the Helikon
Agreement, IIG does not expect further funding requirements going forward for
Hui10 to achieve its strategic goals.

Sir Nigel Rudd, Chairman of IIG plc, commented: "The approval by the CFCA
marks a pivotal moment for IIG and Hui10. As a key state-owned enterprise
under the People's Bank of China, the CFCA is responsible for secure digital
infrastructure across China's most critical sectors. Their endorsement
confirms that Hui10's paperless lottery solution meets the highest national
standards for compliance, security, and digital identity. This milestone
cements Hui10's position at the centre of China's lottery modernisation and
national digitisation strategy."

Daniel Levine, Co-CEO of Hui10 Inc, commented: "Our partnership and agreement
with the CFCA is a defining milestone in our mission to digitise the lottery
sector in China. The CFCA's unique position as the national digital
certification and security protocols authority, under the People's Bank of
China and part of China UnionPay, gives this partnership extraordinary
strategic depth. This partnership enables us to deploy Hui10's secure digital
lottery infrastructure at national scale, underpinned by state-level trust. It
paves the way for mass adoption of Lucky World, Lottery HongBao and e-ticket
solutions, while embedding our platform into China's core payment and
certification architecture for the long-term transformation of the lottery
sector."

Notes to editors:

 =  The CFCA Agreement formalises the collaboration between Hui10 and CFCA for the
    deployment of secure digital certification protocols and related
    infrastructure for paperless lottery play, prize payout and automated tax
    settlement, underpinning the digital transformation of the Chinese national
    lottery sector and reinforces Hui10's exclusive position with its unique IP
    for paperless lottery play, with an initial term of 5 years followed by
    unlimited automatic annual renewals.

 =  The CFCA will provide its digital certification services, secure
    authentication frameworks and cryptographic infrastructure using blockchain
    technology, filed with the Ministry of Industry and Information Technology, to
    support the development of paperless lottery ticketing, prize payout and tax
    settlement solutions via Hui10's deployed network of UnionPay certified POS
    terminals in existing lottery shops.

 

Enquiries:
 Intuitive Investments Group plc                 www.iigplc.com (http://www.iigplc.com/)

 Sir Nigel Rudd, Non-Executive Chairman          Via FTI Consulting

 Giles Willits, CEO

 Zeus                                            +44 (0)20 3829 5000

 James Hornigold / Dominic King

 FTI Consulting                                  +44 (0)20 3727 1000

 John Waples / Valerija Cymbal / Jemima Gurney   IIG@fticonsulting.com

 

 

About Intuitive Investments Group plc

IIG is an investment company seeking to provide investors with exposure to a
portfolio concentrating on fast growing and / or high potential businesses
operating predominantly in the UK, continental Europe, the US and APAC.

 

About Hui10 Inc.

Hui10 is a technology company involved in the digital transformation of the
Chinese lottery. It's platform unlocks the market expansion of the Chinese
lottery through increasing the number of people playing lottery from the
current 10% participation level to target more than 30%. Hui10's platform is
integrated into China's national interbank card settlement system and payment
platform, UnionPay. Lucky World is an omnichannel commerce platform which
provides China's existing 200,000 lottery only shops access to a wider
fastmoving consumer goods product offering through its growing number of
commercial partnerships with leading Chinese suppliers. Lucky World provides a
solution for brands to tackle the global counterfeit crisis using its
integrated Lottery HongBao digital solution with incentives, helping to build
brand loyalty and trust.

 

About China Financial Certification Authority Co., Ltd

CFCA is a wholly‑owned subsidiary of China UnionPay, the national interbank
card settlement and payment network, and is responsible for digital
certification, encryption, authentication and transaction security services
across China's financial system. CFCA's services are used by more than 2,400
financial institutions, representing the overwhelming majority of China's
banking sector, and it is the largest electronic certification service
organisation in the country.

 

 

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