[31 May 2023, Hong Kong] New Huo Technology Holdings Limited (stock code: 1611.HK, “New Huo Tech”) has announced a partnership with LD Capital US to launch a fund that will provide eligible professional investors with a unique opportunity to invest 100% in virtual assets. The fund will adopt an active investment strategy by New Huo Asset Management (Hong Kong) Limited (“NH Asset”), a subsidiary of New Huo Tech.

NH Asset will be the fund manager of this actively managed fund launched in partnership with LD Capital US. The fund will focus on virtual assets and will target professional investors who have undergone rigorous risk and virtual asset knowledge assessments.

Leveraging NH Asset’s investment management experiences and LD Capital US’s investment research team, this collaboration will offer investors greater access to the virtual asset market and generate returns with risk mitigated.

About NH Asset

NH Asset is a subsidiary of New Huo Tech. It is a leading provider of institutional-level virtual asset management services, which holds a Type 4 (Advising on Securities) and Type 9 (Asset Management) license issued by the Hong Kong Securities and Futures Commission (“HKSFC”) and was approved to manage investment portfolios which invest 100% in virtual assets. It is the first HKSFC-licensed virtual asset fund manager to actively manage virtual asset funds and can accept subscriptions in both fiat and virtual assets. NH Asset currently manages seven funds, including a Bitcoin tracker fund, an Ethereum tracker fund, two multi-strategy virtual asset funds, a blockchain venture capital fund, and two private equity funds related to blockchain mining operations. NH Asset's services are only available to professional investors as defined by the Securities and Futures Ordinance and its subsidiary legislation.

About LD Capital US

LD Capital US (“LD”) is a virtual asset investment-themed fund that specializes in investing in virtual assets in the secondary market. Its sub-funds consist of beta-enhanced funds such as POS-enhanced, ETH-enhanced, and BITO-enhanced portfolios. LD aims to create a positive impact and sustainable value on a global scale by effectively capturing market investment opportunities, actively participating in ecological infrastructure, and adopting effective wealth management strategies to adhere to bull and bear market cycles.

Company Website：www.newhuotech.com

Investor Inquiry：[email protected]

Media Inquiry：[email protected]