Tong Hua Holding Public Company Limited has filed to establish a subsidiary TH Data Lab Inc. in the United States. and signed a SAFE (Simple Agreement for Future Equity) with ESPA, which is held and supported by Protocol Labs Group (founder of IPFS and FileCoin) and PikNik (USA Leader in Decentralized Storage). to develop business Decentralized Storage, which is a key infrastructure of Web 3 and related technologies such as Blockchain, as well as preparing for funding from institutional investors and funds around the world.

who are interested and choose to invest in potential companies registered in the United States The establishment of TH Data Lab Inc. this time is an important step for the company. that will allow the Company to grow according to the Megatrends of the world and expand its business to the regional level by collaborating with leading partner companies The World's No. 1 Decentralized Storage This will enable the company to grow and generate significant returns by 2023.

In addition, the Company had a resolution on November 11, 2021 to approve a budget of THB 100 million for project development. Decentralized Infrastructure and joint ventures with both domestic and international technology companies to support megatrends and the rapid transformation of the Internet 3rd generation (Web3).