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[New Huo Technology Launches Virtual Asset OTC Trading Business in Hong Kong] Hong Kong-listed company New Huo Technology Holdings Limited has launched virtual asset over-the-counter (OTC) trading services for professional investors in Hong Kong in accordance with the 'Stablecoin Ordinance,' offering OTC trading services for tokens such as USDT and USDC. Article 9 of the 'Stablecoin Ordinance' stipulates that only 'licensed providers' holding a Type 1 license from the Hong Kong Securities and Futures Commission (SFC) are permitted to offer designated stablecoins. Public information shows that New Huo Asset Management (Hong Kong) Limited, a subsidiary of New Huo Technology, holds Type 1, 4, and 9 licenses.

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