Exhibit
99.1
DirectBooking
Technology and DeepYou Form Joint Venture to Establish AI Robotics Travel and Hospitality Company
Former
JD.com Senior Vice President Li Daxue Appointed Chairman
Hong
Kong, July 21, 2026 – DirectBooking Technology (NASDAQ: ZDAI) (“DirectBooking” or the “Company”) today
announced that it has entered into a strategic joint venture agreement with Beijing DeepYou Digital Technology Co., Ltd. (“DeepYou”).
Under the agreement, DirectBooking will hold a 51% equity interest in the joint venture and DeepYou will hold 49%. DeepYou was founded
by former JD.com Senior Vice President Mr. Li Daxue. The two parties will jointly establish a new technology company to build China’s
first natively Agent-to-Agent, fully integrated travel-and-stay next-generation AI direct-booking platform for the hospitality sector.
The platform will provide robotic staff solutions for hospitality enterprises on the enterprise side and robotic assistant services for
users on the consumer side. The new company will be chaired and led by Mr. Li Daxue, who will bring top-tier technological vision and
strategic insight to the business. Mr. Li’s participation will provide top-level strategic guidance and core technological enablement
for the project, helping ensure that it reaches a leading position in the industry in terms of AI technology applications and business
model innovation.
Targeting
a Trillion-Yuan Market and Transforming the Traditional OTA Model
China’s
travel and hospitality market is currently in a golden phase of structural growth. According to data from the Ministry of Culture and
Tourism, domestic tourist trips in 2024 reached 5.615 billion, up 14.8% year over year, while total tourism revenue exceeded RMB 5.75
trillion, an increase of 17.1% year over year and a record high. However, the industry has long faced structural pain points including
supply-demand mismatches, high commissions and fragmented user experiences. Traditional online travel agency (OTA) platforms typically
charge merchants commissions of 15% to 25%, severely squeezing hotel profit margins. At the same time, consumers must switch between
multiple platforms to carry out complex tasks such as “buying tickets, booking rooms and finding activities,” resulting in
a highly fragmented service experience.
This
project is designed to precisely address these pain points through an innovative closed-loop business model that combines “scenic-spot
ticketing for customer acquisition, embedded consumer Agents to capture demand in advance, OpenClaw Agents to integrate fragmented supply,
large AI models for intelligent matching, and a nationwide network of city-level agents for local fulfillment.” By using AI Agent
technology to enable decentralized, direct connections between supply and demand, the platform aims to significantly reduce transaction
costs and reset efficiency benchmarks for the industry.
Strong
Background of Li Daxue Empowering the Project
Mr.
Li Daxue is one of the most influential technology leaders in China’s internet industry, with more than twenty years of experience
in the sector. During his tenure as Senior Vice President of JD.com, Mr. Li was fully responsible for the strategic planning, architecture
design and team building of JD’s technology system. He led JD’s technology team from a few hundred people to several tens
of thousands, built a technology middle-office capable of supporting transactions on the scale of trillions of yuan, and developed industry-leading
capabilities in smart logistics, smart marketing and intelligent customer service. Mr. Li also serves as Lifetime Honorary Technology
Advisor to JD.com and as a specially appointed digital economy expert for the Ministry of Commerce, and he is a recipient of the National
May 1st Labor Medal.
Powerful
Partnership to Build Multi-Dimensional Competitive Advantages
As
a leading AI cultural tourism technology enterprise in China, DeepYou has signed cooperation agreements with more than 400 high-quality
scenic attractions across 22 provinces nationwide, serving over 300 million visitors annually and forming a stable, accurate and low-cost
traffic pool of travelers with strong, rigid demand. DeepYou has independently developed a dedicated large model for cultural tourism,
with core capabilities including real-time LBS navigation, multilingual interaction, visitor-flow forecasting and dynamic pricing. It
also exclusively adopts OpenClaw autonomous AI agent technology to build an intelligent processing system for fragmented travel and hospitality
supply.
As
a Nasdaq-listed company in the United States, DirectBooking Technology has independently developed mature hotel property management system
(PMS) solutions, direct-connect SaaS systems and membership management systems, integrating the full back-end fulfillment chain for hotels
and providing a standardized infrastructure foundation for OpenClaw Agents to access supply. The Company’s network covers first-,
second- and third-tier cities as well as county-level lower-tier markets across China.
Significant
Positive Impact on the Company
This
strategic cooperation is expected to generate multiple positive impacts for DirectBooking Technology. First, the introduction of Mr.
Li Daxue and his top-tier technology team is expected to significantly enhance the Company’s technology middle-office capabilities
and the intelligence level of its supply chain, supporting a transition from traditional SaaS services to intelligent platform-based
services. Second, through deep cooperation with DeepYou, DirectBooking Technology will gain access to 300 million annual scenic-spot
visitors, breaking through the value ceiling of a pure SaaS model and opening up new growth opportunities. Third, the innovative Agent-to-Agent
model has clear first-mover advantages and is difficult to replicate, positioning the Company to secure a leading position in the trillion-yuan
travel and hospitality market.
The
project has set a three-year strategic target: for the AI travel and hospitality direct-booking platform to cover 30,000 to 50,000 hotels,
and to provide each hotel with 3 to 10 AI “employees” to reduce operating costs while significantly improving efficiency
and user experience. At the same time, through AI-driven innovation, the project aims to break the traditional OTA industry’s channel
monopoly and information silos, reshape value distribution across the industry, and build a more open and inclusive industrial ecosystem.
About
DirectBooking Technology Co., Ltd.
The
Company is a holding company incorporated in the Cayman Islands, and its operations are conducted through its Hong Kong operating subsidiary,
Primega Construction Engineering Co. Limited. The Company provides transportation services in Hong Kong’s construction industry
and employs environmentally friendly practices with the aim of facilitating the reuse of construction and demolition materials and reducing
construction waste. The Company primarily handles the transportation of materials excavated from construction sites. The Company’s
services principally consist of (i) soil and rock transportation services and (ii) construction works, which mainly include excavation
and lateral support works and bored piling. The Company generally provides its services as a subcontractor to other construction contractors
in Hong Kong.
Safe
Harbor and Informational Statement
This
announcement contains “forward-looking” statements within the meaning of Section 27A of the Securities Act of 1933 and Section
21E of the Securities Exchange Act of 1934. These statements are made under the “safe harbor” provisions of the U.S. Private
Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact, including, without limitation, those
with respect to the objectives, plans and strategies of the Company set forth herein and those preceded by or that include the words
“believe,” “expect,” “anticipate,” “future,” “will,” “intend,”
“plan,” “estimate” or similar expressions, are “forward-looking statements.” Although the Company’s
management believes that such forward-looking statements are reasonable, it cannot guarantee that such expectations are, or will be,
correct. These forward-looking statements involve a number of risks and uncertainties, which could cause the Company’s future results
to differ materially from those anticipated. These forward-looking statements can change as a result of many possible events or factors,
not all of which are known to the Company, which may include, without limitation, our ability to timely and accurately respond to changes
in fashion trends and consumer preferences; management of customer concentration risk; reliance on third parties for supplies of raw
materials, manufacturing services and transport infrastructure; changes in government policies; overall economic conditions and local
market economic conditions; our ability to expand through strategic acquisitions and the establishment of new locations; compliance with
government regulations; legislation or regulatory environments; geopolitical events; and other events and/or risks outlined in the Company’
s filings with the U.S. Securities and Exchange Commission. All information provided in this press release is as of the date hereof,
and the Company does not undertake any obligation to update any forward-looking statement, except as required under applicable law.
For
more information, please contact:
DirectBooking
Technology Co., Ltd.
tanyu@primegaghl.com
