Material Event Form 8 K

ITEM 8.01 OTHER EVENTS.

FOR IMMEDIATE RELEASE: LUDUSON G INC. (OTC: LDSN) Luduson G Inc. Announces Launch of New Pixel Art Business Valued at USD 250 Million

Hong Kong, 28 June, 2024 - Luduson G Inc. is thrilled to announce the launch of our latest collaboration venture, focusing on the innovative and dynamic field of Pixel Art. A private business of our Chief Operating Officer, Yap Lan Cheung, this new business is estimated to be worth an impressive USD 250 million and has huge potential to be spun off into another Listed entity.

Pixel Art is a form of digital art where images are created and edited at the pixel level, often characterized by its blocky, retro aesthetic reminiscent of early video games. This unique art style utilizes limited color palettes and intricate detailing, allowing artists to craft visually striking and nostalgic pieces that captivate audiences with their charm and simplicity. As a fusion of technology and creativity, Pixel Art has gained significant popularity in various digital media, from video games and animations to contemporary art exhibitions.

V1-Play Pixel Art (https://v1play-hk.odoo.com/), known for its unique blend of technology and creativity, represents a significant growth opportunity for Luduson G Inc. Our dedicated team has been working diligently to develop and implement this new division, which promises to deliver exceptional value to our stakeholders and elevate our company's standing in the digital art industry.

To further facilitate the growth and success of this new venture, Luduson's Malaysian subsidiary, LWH Consulting Sdn Bhd, has been paid 5% of the business's value equivalent to USD 12,500,000 in shares. This strategic allocation will be reflected in our Q2 financial results, demonstrating our commitment to expanding our international footprint and leveraging the unique strengths of our regional teams.

COO Yap Lan Cheung commented, "The launch of our Pixel Art business marks a pivotal moment for Luduson G Inc. We are poised to redefine the boundaries of digital art and deliver innovative solutions that resonate with a global audience. This venture underscores our dedication to fostering creativity and embracing cutting-edge technology."

We look forward to sharing more updates on this exciting journey and thank our partners, shareholders, and team members for their continued support and enthusiasm.

Forward-Looking Statements

This press release contains forward-looking statements. All statements other than statements of historical fact are forward-looking statements, which are often indicated by terms such as "anticipate," "believe," "could," "estimate," "expect," "goal," "intend," "look forward to," "may," "plan," "potential," "predict," "project," "should," "will," "would" and similar expressions. These forward-looking statements may include, but are not limited to, statements regarding future business activities including the expansion into the decentralized financing space. These forward-looking statements are not promises or guarantees and involve substantial risks and uncertainties. Among the factors that could cause actual results to differ materially from those described or projected herein include uncertainties associated with operating a business in Hong Kong, risk of interference by the PRC government, ability to compete, and financial resources that do not last for as long as anticipated. A further list and description of these risks, uncertainties, and other risks can be found in LDSN's regulatory filings with the U.S. Securities and Exchange Commission, including in its current report on Form 10-K filed on March 28, 2024. Existing and prospective investors are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. LDSN undertakes no obligation to update or revise the information contained in this press release, whether as a result of new information, future events or circumstances or otherwise.

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