Micro Connect Releases the White Paper on NUMA Protocol,

To Unveiling Contract-Based Financing (CBF)

Hong Kong, 3 August, 2026 - Micro Connect held the “Launch of the White Paper on NUMA Protocol and Fifth Anniversary of Micro Connect” in Hong Kong, officially releasing the White Paper on Micro Connect New Markets Contract-Based Financing Protocol (White Paper on NUMA Protocol) in which, the Micro Connect New Markets (NUMA) as a new market framework for real-world commercial contracts that generate recurring cash flows is detailed. 

Charles Li, Founder of Micro Connect, said that NUMA is not intended to replace the equity market or the bond market, but, instead, provide the infrastructure that allows the extending of the two traditional financing pillars into contract domains that were previously inaccessible. The White Paper frames this as Contract-Based Financing (CBF), a framework centered on contract cash flows, with the aim of transforming the contract world—long underserved by traditional finance—into a clearer and more comparable market language.

Charles Li noted that this vision has only become executable today because of the emergence of two technological revolutions. First, the digitization of payments and business operations has made cash flows verifiable for the first time. Second, a new generation of AI has made it possible, for the first time, to process massive volumes of fragmented, heterogeneous, non-standardized, and dynamic contract information in a low-cost and continuous manner. The company also emphasized that AI is an enabler, not a decision-maker: AI helps the market to understand contracts more clearly, while ultimate judgments and decisions remain the responsibility of human.

On participants’ eligibility, Micro Connect stated that NUMA is available only to offshore Professional Investors (PI) outside of Mainland China, who meet the requirements of the relevant jurisdictions and participate through Licensed Intermediaries. It is not open to retail investors. On its investor side, NUMA does not conduct fundraising activities in Mainland China, nor does it accept Mainland capital for investment. Charles Li also stressed that NUMA is not an exchange, but rather a market infrastructure exploration that connects the asset side running on contract law with the capital side running on securities law.

For further details on White Paper on NUMA Protocol, please click here to view the full paper.

Media Enquiries:

Media Contact：media@microconnect.com

General Inquiries：info@microconnect.com

About Micro Connect Group and NUMA

Micro Connect Group is the initial designer of the market standard for NUMA (Micro Connect New Markets). It is pioneering a financing approach based on real-world contracts — Contract-Based Financing (CBF) — and, through digital tools and artificial intelligence, efficiently connecting global capital with the small, fragmented commercial contracts at the edges of the real economy.

NUMA has pioneered a new asset class that takes contract cash flows as the investment object. Beyond traditional equity and debt, it establishes a third category of rights-based assets, providing global investors with more diverse investment opportunities. NUMA seeks to ensure that every real-world contractual performance can be discovered, understood, and invested in, opening a new path for capital to empower the real economy.

For more information, please visit www.microconnect.com and follow our journey on LinkedIn: Micro Connect | 滴灌通, and WeChat: 滴灌通Micro Connect.