On October 28, Gelunhui announced that Centralwealthgp (00139.HK) signed a strategic partnership agreement with Hamilton Reserve Bank ('the bank') on October 24, 2024. According to this, the company and the bank will establish a strategic partnership and leverage their respective strengths to achieve mutual benefits.

The bank is a registered bank headquartered in Saint Kitts and Nevis, and is the largest global bank in the Caribbean region with offices worldwide. It serves a growing customer base from over 150 countries, providing quality and trusted (1) commercial banking, (2) custodian banking, (3) asset management, and (4) investment banking services to its clients. The bank offers round-the-clock online banking services through the Temenos software (core banking software used by 80% of large banks globally), allowing customers to open a bank account online within 20 minutes. It provides comprehensive solutions covering banking, asset custody, trusts, and investments.

After signing the strategic partnership agreement with the bank, both the group and the bank are expected to leverage their strengths to create synergies. Additionally, the strategic partnership with the bank (as the largest global bank in the Caribbean region) will create new business opportunities for the group, enhancing its global competitiveness, systemic importance, and brand influence.