Hang Feng Technology Innovation Co., Ltd. "the Company")  announced that its wholly owned subsidiary, Hang Feng International Asset Management Limited ("HFIAM"), which holds a license granted by the Securities and Futures Commission of Hong Kong ("SFC") to carry on Type 4 (Advising on Securities) and Type 9 (Asset Management) regulated activities in Hong Kong, has officially received approval from SFC to upgrade its licenses to provide virtual asset-related asset management and investment advisory services.

Specifically, the regulatory consent enables HFIAM to offer the following services, available only to professional investors, in compliance with the SFC's requirements

Type 4 License Upgrade: permits HFIAM to offer investment advice on virtual assets, subject to the SFC's specific terms and conditions governing virtual asset advisory services.

Type 9 License Upgrade: permits HFIAM to manage investment portfolios with virtual asset exposures exceeding 10% of the gross asset value of the portfolios, as well as standalone virtual asset funds, in accordance with the SFC's prescribed framework for virtual asset portfolio managers.

The Company views this milestone as a cornerstone of its broader digital asset strategy. Operating within Hong Kong's robust and forward-looking regulatory regime, the Company believes that the upgraded licenses will enable HFIAM to meet growing institutional and professional investor demand for secure, compliant access to virtual asset investment opportunities.

Management emphasized the Company's commitment to adhering to SFC standards, ensuring all virtual asset products are developed and managed with prudence, transparency, and investor protection at the forefront. The Company believes that this expansion not only diversifies the Company's service offerings but also reinforces its mission to help clients safely navigate and capitalize on the evolving digital economy.