The First Market Recognition in Digital Asset Business and Innovation Capabilities

(Hong Kong – 29 April 2022) The innovative technology company in Hong Kong, Edvance International Holdings Limited (“Edvance International” or the “Company”, together with the Company’s subsidiaries, collectively the “Group”) (SEHK stock code: 01410.HK), is pleased to announce today that the Group has won the Fintech Award of the “Listed Enterprise Excellence Awards 2021” organised by a well-recognised local magazine Capital.

Edvance International has been devoting itself to cybersecurity products and services distribution for nearly 20 years and has been actively exploring digital assets business in recent years. While the digital asset market continues to flourish and gain traction with investors, the Group accelerated its pace tapping into the related industry. Its subsidiary Axion Global Asset Management was approved by the Securities and Futures Commission at the beginning of this year to manage portfolios that invest up to 100% in virtual assets, and in virtue of the opportunity to launch the Smart Beta Fund to track its self-developed Axion Global Smart Beta Liquidity Index. In addition, the Group is also actively conducting research and development projects to foster the technological development of the industry in both cybersecurity and financial technology.

Mr. Raymond Liu, Chairman and Group CEO of Edvance International commented, “Hong Kong is the hub of financial talents , with technological knowledge becoming a key calibre for talents in nowadays financial market, which manifests the significance of fintech. Edvance International adopts the two-pronged approach to develop both cybersecurity and fintech. We fortify our established core cybersecurity business and become a cloud-based  “Security as a Service” provider; On the other hand, with the rising momentum of fintech, we also engage in digital asset management business. We would like to express gratitude to Capital for its recognition of the Group in the field of fintech, the award is undoubtedly a motivation for us to seek long-term interests for our investors and contribute to the fintech industry!”