Hang Feng Technology Innovation Co., Ltd. Announces SFC Approval to Provide Virtual Asset Advisory and Management Services

HONG KONG, Nov. 28, 2025 /PRNewswire/ -- Hang Feng Technology Innovation Co., Ltd. (NASDAQ: FOFO, "the Company") today 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.

Looking ahead, the Company expects to remain steadfast in its vision to become a trusted partner in the field of asset management. With these upgraded licenses, the Company is aiming to enhance its service depth, accelerate business growth, and deliver long-term value to clients by bridging traditional finance with the innovation of digital assets responsibly, sustainably, and with excellence.

About Hang Feng Technology Innovation Co., Ltd.

Hang Feng Technology Innovation Co., Ltd. is a Hong Kong-based company providing comprehensive corporate management consulting solutions alongside specialized asset management services tailored to diverse client needs. Since 2023, Hang Feng has been offering consulting services and identifying market opportunities through Starchain Investment Trading Limited ("Starchain"), one of the Company's subsidiaries, to a growing network of clients. Starchain delivers tailored management consulting, including strategic growth insights, performance management reporting, key performance indicator (KPI) advisory, and support in regulatory compliance, risk management, and corporate governance practices. Recognizing client demand for sophisticated asset management solutions, the Company launched asset management services in 2024, introducing structured solutions designed to manage and grow both corporate and individual capital portfolios. For more information, please visit the Company's website: https://ir.hfintech.io 

Forward-Looking Statements

Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company's current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy, and financial needs. Investors can identify many (but not all) of these statements by the use of words such as "may," "will," "could," "expect," "anticipate," "aim," "estimate," "intend," "plan," "believe," "is/are likely to," "propose," "potential," "continue," or other similar expressions in this announcement. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will prove correct, and the Company cautions investors that actual results may differ materially from the anticipated results. Investors are encouraged to review other factors that may affect the Company's future results in the Company's registration statement and other filings with the SEC.

Media Contact:

Hang Feng Technology Innovation Co., Ltd.
Investor Relations
Email: ir@hfintech.io 

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Hang Feng Technology Innovation Co., Ltd. Announces SFC Approval to Provide Virtual Asset Advisory and Management Services

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SUNSHINE COAST, Australia, April 2, 2026 /PRNewswire/ -- SEA LIFE Sunshine Coast is delighted to introduce Bella, a six-year-old rescued Australian fur seal who recently joined the aquarium. Weighing 50.5 kilograms, Bella is currently the only individual of her species in human care, making her arrival a significant moment for both the aquarium and the community.

Named after Victoria's Bellarine Peninsula, Bella was rescued from St Leonards Beach following an incident involving a dog that likely separated her from her mother. She sustained an injury to her left flipper, required extensive care and rehabilitation, and continues to be monitored annually to ensure her long-term health.

Having successfully completed her quarantine period, Bella is setting into life at SEA LIFE Sunshine Coast and is gradually integrating with the resident seal colony. She can often be seen alongside her new seal friends, confidently exploring her environment and delighting in the presence of visitors.

"Bella's arrival is an exciting step forward for our seal family," said Carla Haskell, Mammal and Bird Manager at SEA LIFE Sunshine Coast. "She has such a curious and energetic nature and has already captured the hearts of our animal care team. We're thrilled to see her building bonds with the rest of the seals."

As the only Australian fur seal currently in human care, Bella offers a rare and meaningful opportunity for visitors to connect with her species and better understand the challenges facing wild seal populations. Her story reinforces SEA LIFE Sunshine Coast's ongoing commitment to conservation and protecting our oceans for future generations.

Visitors can also interact with the seals in a whole new way with our Seal Encounter experience. Meet them face to flipper in a hands-on encounter that lets you get up close to these amazing animals. Spaces are limited, so be sure to pre-book online: www.visitsealife.com/sunshine-coast/tickets-passes/experiences/seal-experiences/

With the school holidays just around the corner, SEA LIFE Sunshine Coast is the perfect destination for families looking for fun and educational experiences. Young ocean lovers can take part in the Junior Marine Biologist program (last remaining slots for 14^th & 16^th Apr), enjoy the unforgettable Sleep Under the Sea overnight adventure (last remaining slots for 11^th & 18^th Apr), or experience the aquarium in a more relaxed environment during the monthly Sensory Sessions. Book online to secure a spot!

Capture the moment with a professional photo to take home or extend the adventure with our immersive VR game for an unforgettable underwater journey. For those who can't get enough, guests looking to visit more often can also take advantage of great value Annual Pass options, offering unlimited entry and exclusive benefits throughout the year. Purchase at: www.visitsealife.com/sunshine-coast/tickets-passes/tickets/annual-passes

MEDIA CALL
When: 10am, Thursday, 9^th April
Where: SEA LIFE Sunshine Coast Aquarium, Parkyn Parade, Mooloolaba
Photo/Video Opportunities: Bella the Australia fur seal playing with his companions
Interviews available with: Carla Haskell, Mammal and Bird Manager, SEA LIFE Sunshine Coast Aquarium

About Merlin Entertainments:

Merlin Entertainments is a global leader in location-based, family entertainment. As Europe's Number 1 and the world's second-largest visitor attraction operator, Merlin operates over 140 attractions, 23 hotels and 6 holiday villages in 24 countries and across 4 continents. Merlin's purpose is to deliver memorable experiences to its millions of guests around the world, through its iconic brands and multiple attraction formats, and the commitment and passion of its employees.

Merlin currently has 9 attractions in Australia, including WILD LIFE Sydney Zoo, Madame Tussauds, Sydney; Illawarra Fly Treetop Adventures and Otway Fly Treetop Adventures & Zip Line; the Sydney Tower Eye; SEA LIFE Sydney Aquarium, SEA LIFE Melbourne Aquarium, SEA LIFE Sunshine Coast, Queensland, and Kelly Tarlton's SEA LIFE Aquarium in Auckland. Visit www.merlinentertainments.biz for more information.

 

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New Seal Bella Joins the Seal Family at SEA LIFE Sunshine Coast