Two integrable hierarchies are derived from a novel discrete matrix spectral problem by discrete zero curvature equations. They correspond, respectively, to positive power and negative power expansions of Lax operators with respect to the spectral parameter. The bi-Hamiltonian structures of obtained hierarchies are established by a pair of Hamiltonian operators through discrete trace identity. The Liouville integrability of the obtained hierarchies is proved. Through a gauge transformation of the Lax pair, a Darboux–Bäcklund transformation is constructed for the first nonlinear different-difference equation in the negative hierarchy. Ultimately, applying the obtained Darboux–Bäcklund transformation, two exact solutions are given by means of mathematical software.