As of the end of October, Xinhuo Group (01611)'s digital asset capital under management reached approximately HK$1,772 billion

Zhitong Finance App News, Xinhuo Group (01611) issued an announcement. As of October 31, 2026, the Group's core digital asset management and trading business has achieved significant growth. Currently, key operating data on capital under management (AUM), transaction volume and number of customers are disclosed as follows:

The Group through Bitfire Asset Management (Hong Kong) Limited (Bitfire Asset Management) Limited (Bitfire Asset Management), a limited company incorporated in Hong Kong, can engage in Type 1 (trading in securities), Class 4 (advising on securities) and Class 9 (providing asset management) regulated activity business) and Bitfire Quantum Ltd. (a limited company incorporated in the British Virgin Islands) under the Securities and Futures Ordinance, Chapter 571 of the Laws of Hong Kong It has carried out asset management business in accordance with the British Virgin Islands Investment Business (Approved Manager) Regulations, registered with the Financial Services Commission as an approved manager). As of October 31, 2026, the Group's digital asset capital under management reached approximately HK$1,772 billion (approximately US$226 million).

The Group provides OTC virtual asset trading services through Bitfire Asset Management and Bitfire Trust Company Limited (a company incorporated in Hong Kong, registered as a trust company under section 78 (1) of the Trustees Ordinance, Chapter 29 of the Laws of Hong Kong and issued a certificate of registration by the Registrar of Companies). As of October 31, 2026, the Group's crypto asset trading volume reached approximately HK$580 million (approximately US$74 million).

As of October 31, 2026, the number of customers in the Group's asset management and crypto asset trading business reached 1,146.

The Group's Japanese-compliant digital asset exchange BitTrade Inc. (BitTrade) focuses on crypto asset trading business, including automated crypto asset trading, crypto asset listing, and crypto asset wallet-related services. As of October 31, 2026, the total assets managed by BitTrade and customer wealth management were approximately HK$839 million (approximately US$107 million), and the number of registered users reached 309,700, including 1,149 institutional clients.

The board of directors believes that the steady growth in the above operating data confirms the Group's leading position and strategic forward-looking position in the field of compliant digital asset wealth management. The Group will continue to rely on the various regional compliance licenses it has obtained (including Hong Kong Securities Regulatory Commission Class 1, Class 4 and 9 licenses, Hong Kong Trust or Company Service Provider License and Japan Cryptocurrency Trading License (Kanto Finance Secretary No. 00007), etc.) to steadily expand the scale of asset management on the premise of ensuring asset safety and compliance, to create long-term and sustainable value for the general public shareholders.