According to Zhitong Finance App, Jiufang Smart Investment Holdings (09636) announced that on September 23, 2025, JF SmartTrade (BVI) Limited (JF SmartTrade), a wholly-owned subsidiary of the Company, signed a share subscription agreement with EXIO Group Limited (EX.IO or the “target company”), and JF SmartTrade agreed to subscribe for EX.IO shares (subscription matters).
As stated in the Company's placement announcements issued on July 16, 2025 and July 28, 2025, the Company has deep insight into the potential and broad prospects of the digital asset business and will promote the overseas strategic development of the digital asset business. Proceeds from the placement can be strategically invested in digital asset exchanges to cultivate and develop an on-chain financial ecosystem to lay out the digital asset business and build a core component of the company's overseas strategy. The board of directors believes that this subscription is in line with the company's overall strategic plan and arrangement for the use of placement funds. By investing in EX.IO, the company can use its exchange resources and Web3 ecosystem technology advantages to accelerate overseas digital asset business layout and market expansion, further enhance on-chain financial service capabilities, help diversify and sustainable development of the company's business, and lay a solid foundation for the global market layout.
The globalization process of the digital asset industry is accelerating. As an international financial center, Hong Kong has a high standard compliance and regulatory framework for digital assets. EXIO Limited, a subsidiary of EX.IO, holds a virtual asset trading platform operating license (central code: BUT670) issued by the Hong Kong Securities and Futures Commission (SFC), which guarantees scarcity and compliance. This investment in a licensed digital asset exchange is expected to enhance the company's service capabilities and infrastructure level in digital asset trading, asset management and custody, achieve a closed loop of compliant management and service, accelerate the digital qualification business layout, and seize opportunities for the development of the digital financial ecosystem.
The two sides will jointly seize policy opportunities in the Hong Kong digital asset market and jointly promote innovative cooperation in the field of digital assets. As a compliant licensed digital asset exchange, EXIO Limited plays an important role in the digital asset market. Combined with the company's plan to use existing resources (including but not limited to the proposed acquisition entity Yintech Financial Holdings Company Limited) to upgrade digital asset license qualifications and business scope, the two parties can form a closed loop of services covering digital asset issuance, trading, escrow and investment, which is expected to significantly enhance customer service capabilities and product diversity, and achieve ecological complementarity and value collaboration.
EX.io has blockchain and Web3 infrastructure technology and service capabilities, and the company has experience in developing intelligent investment products for individual investors. The two sides will jointly explore the deep integration of digital asset transactions, asset management and intelligent investment services, promote the innovative application of the “AI+ Research” strategy in the digital asset scenario, help develop digital asset investment systems and algorithms, and further enhance the company's competitive advantage and service capabilities in the digital finance field.