香 港 交 易 及 結 算 所 有 限 公 司 及 香 港 聯 合 交 易 所 有 限 公 司 對 本 公 告 之 內 容 概 不 負 責，對其準確性或完整性亦不發表任何聲明，並明確表示概不就因本公告全部或 任何部分內容而產生或因倚賴該等內容而引致之任何損失承擔任何責任。 SINOHOPE TECHNOLOGY HOLDINGS LIMITED 新 火 科 技 控 股 有 限 公 司 （ 於英屬處女群島註冊成立的有限公司） （股份代號：1611） 建議更改公司名稱及 建議修訂本公司組織章程細則 本公告乃由新火科技控股有限公司（「本公司」）根據香港聯合交易所有限公司（「聯 交所」）證券上市規則（「上市規則」）第13.51 (1)條及第13.51 (8)條規定刊發。 建議更改公司名稱 董 事 會 建 議 將 本 公 司 英 文 名 稱 由「 Sinohope Technology Holdings Limited」更 改 為 「Bitfire Group Holdings Limited」，並將本公司雙重外文的中文名稱由「新火科技控 股有限公司」更改為「新火集團控股有限公司（」「更改公司名稱」）。 更改公司名稱的 ...

Group 1 - New Fire Technology Holdings (01611.HK) experienced a significant intraday increase, rising over 11% at one point and closing with a gain of 7.77% at HKD 3.19 [1] - The trading volume reached HKD 14.3755 million [1]

Core Viewpoint - New Fire Technology Holdings (01611) has shown significant stock performance, with a 4.5-fold year-on-year revenue increase to HKD 8.6 billion for the last fiscal year, indicating strong growth potential in the digital asset management sector [1] Group 1: Company Performance - The company's stock price increased by over 11% during trading, currently at HKD 3.19 with a trading volume of HKD 14.3755 million [1] - The CEO, Weng Xiaoqi, announced that the company launched a private banking-level digital asset management flagship product in November last year, attracting over 460 clients, with expectations to exceed 1,000 by the end of 2026 [1] Group 2: Market Potential - Weng anticipates that the next cryptocurrency bull market will draw more companies into the sector, with hundreds of listed companies expected to allocate virtual assets over the next 5 to 10 years, highlighting substantial growth potential [1] - The company aims to implement a "copy-paste" strategy in 2026, leveraging BitTrade to introduce its private banking system to Japan and expand into Dubai, Singapore, Southeast Asia, and Taiwan [1] Group 3: Competitive Advantage - The company emphasizes its "lightweight license advantage," which allows for a short application cycle (typically within six months) and low costs, enabling rapid market entry [1] - The strategy targets over 80% of the institutional market with a cost structure approximately one-fourth of VATP, indicating a strong position in the market [1]

Group 1 - The core viewpoint of the news is that New Fire Technology Holdings (01611) has experienced significant stock price growth and reported a substantial increase in revenue for the fiscal year 2025, with a year-on-year growth of 450%, reaching HKD 8.6 billion [1] - The CEO, Weng Xiaoqi, announced the launch of a private banking-level digital asset management flagship product in November last year, which has already attracted over 460 clients, with expectations to exceed 1,000 by the end of 2026 [1] - The company anticipates that the next cryptocurrency bull market will draw more companies into the sector, predicting that hundreds of listed companies will allocate virtual assets over the next 5 to 10 years, indicating significant growth potential in related businesses [1] Group 2 - New Fire Technology is set to implement a "copy-paste" strategy in 2026, leveraging BitTrade to introduce its private banking system into Japan, while also expanding into Dubai, Singapore, Southeast Asia, and Taiwan [2] - The company highlights the advantage of a "lightweight license," which has a short application cycle (usually within six months) and low costs, enabling rapid deployment in new markets [2] - The firm claims that Hong Kong lacks a retail market, allowing it to cover over 80% of the institutional target market at about a quarter of the cost of VATP, which enhances its global replication capability [2]

Core Viewpoint - New Fire Technology is transitioning from a low-margin OTC business model to a focus on high-net-worth clients and digital asset private banking services, aiming for sustainable profitability and market leadership in the evolving virtual asset landscape [1][2][3]. Financial Performance - In 2025, New Fire Technology's revenue increased by 4.5 times to 8.6 billion HKD, primarily driven by OTC business, which has low profit margins [2][4]. - The company reported a net loss of 9 million HKD, indicating challenges in profitability despite revenue growth [1][2]. Strategic Shift - The company is pivoting towards digital asset private banking, which is seen as the key to profitability, moving away from the previous management's low-margin strategies [3][4]. - The private banking service has seen rapid growth, with potential clients increasing from 130 to over 460 and actual clients exceeding 260 within two months of launch [4]. Market Positioning - New Fire Technology aims to serve institutional clients and high-net-worth individuals, filling a gap in the market that traditional platforms have overlooked [3][5]. - The company is not competing directly with major exchanges like Binance or OKX but is instead positioning itself as a "super connector" between traditional finance and Web3 [2][5]. Cost Structure and Global Expansion - The company operates with a lean model, employing only 160 staff, which is a quarter of the size of traditional virtual asset trading platforms, allowing for lower operational costs [5][8]. - Plans for 2026 include a "copy-paste" strategy to expand its private banking model into Japan and other regions, leveraging lightweight licensing options [5][6]. Client Focus and Service Model - The target clientele includes listed companies, family offices, and ultra-high-net-worth individuals, expected to contribute over 80% of profits by the end of 2026 [8]. - The service model emphasizes high-touch, personalized service, addressing the pain points of high-net-worth clients that traditional financial institutions often overlook [4][6]. Future Outlook - The company aims to achieve monthly profitability by the end of 2026 and overall profitability by 2027, with a target of exceeding 1,000 clients [4][8]. - The CEO believes that the influence of the "four-year cycle theory" is diminishing, with institutional participation in the market increasing, leading to a more stable market structure [8][9].

Core Insights - The CEO of New Fire Technology, Ong Xiaoqi, emphasizes a strategic shift from a high-volume, low-margin OTC business model to a focus on profitable digital asset private banking services, aiming for sustainable growth and client satisfaction [2][4][5] - The company has seen a significant increase in client interest for its private banking services, with potential clients rising from 130 to over 460 in less than two months, indicating a strong market demand [5][6] - New Fire Technology aims to position itself as a "super connector" between traditional finance and Web3, targeting high-net-worth individuals and institutions rather than competing directly with retail-focused platforms [3][7] Financial Performance - In 2025, New Fire Technology reported a revenue increase of 4.5 times year-on-year, reaching 8.6 billion HKD, although net profit was slightly negative at 9 million HKD due to the low-margin nature of its OTC business [4][5] - The company plans to achieve monthly profitability by the end of 2026 and full profitability by 2027, with a target of exceeding 1,000 clients, contributing over 80% of profits [5][8] Strategic Direction - The company is adopting a "lightweight" operational model, significantly reducing costs by focusing on institutional clients and avoiding the heavy expenses associated with traditional virtual asset trading platforms (VATPs) [6][7] - New Fire Technology is set to expand its private banking services into international markets, including Japan, Dubai, Singapore, and Southeast Asia, leveraging a lightweight licensing strategy [6][7] Market Positioning - The company identifies a gap in the market for institutional services in Hong Kong, contrasting with the U.S. where firms like Coinbase and Galaxy cater to institutional clients [4][5] - By focusing on high-quality clients such as listed companies and family offices, New Fire Technology aims to build a robust client base that is willing to engage in long-term asset allocation [5][8] Organizational Culture - The company promotes a transparent and collaborative organizational culture, emphasizing a flat hierarchy and a focus on talent development rather than hiring high-profile individuals [9][10] - The team structure is designed to maintain efficiency, with a small, agile workforce capable of rapid client growth and service delivery [9][10]

Group 1 - Cryptocurrency concept stocks have shown strong performance, with Boyaa Interactive (00434) rising by 10.81% to HKD 4.1, and Blueport Interactive (08267) increasing by 10% to HKD 0.44 [1] - New Fire Technology Holdings (01611) has gained 7.09% to HKD 3.17, while OK Blockchain (01499) is up by 6.9% to HKD 0.217 [1] - The cryptocurrency market has experienced a significant surge, with Bitcoin rising nearly 5% to surpass USD 95,000, marking a new high for the year, and Ethereum increasing by over 7% [1] Group 2 - The U.S. December CPI data met expectations, with the core CPI year-on-year increase at 2.6%, lower than the expected 2.7%, and a month-on-month increase of 0.2%, below the anticipated 0.3% [1] - The slowdown in U.S. core inflation has strengthened expectations for a Federal Reserve interest rate cut in April [1] - Reports indicate that Wall Street star fund manager Cathie Wood predicts that Trump may start purchasing Bitcoin as a strategic reserve before the 2026 midterm elections to maintain political momentum and support from cryptocurrency voters [1]

Group 1 - Cryptocurrency concept stocks have shown strong performance, with notable increases in share prices: Boyaa Interactive (00434) up 10.81% to 4.1 HKD, BlueFocus Interactive (08267) up 10% to 0.44 HKD, New Huo Technology Holdings (01611) up 7.09% to 3.17 HKD, and OK Blockchain (01499) up 6.9% to 0.217 HKD [1] - The cryptocurrency market has experienced a significant surge, with Bitcoin rising nearly 5% to surpass 95,000 USD, marking a new high for the year, while Ethereum has increased by over 7% [1] - Recent U.S. economic data shows that the December CPI met expectations, with core CPI year-on-year growth at 2.6%, below the expected 2.7%, and month-on-month growth at 0.2%, below the expected 0.3%, indicating a slowdown in core inflation and bolstering expectations for a potential interest rate cut by the Federal Reserve in April [1] Group 2 - Reports suggest that Wall Street star fund manager Cathie Wood predicts that Donald Trump may begin purchasing Bitcoin as a strategic reserve before the 2026 midterm elections to maintain political momentum and support from cryptocurrency voters [1]

Group 1 - Cryptocurrency concept stocks showed strong performance in the morning session, with notable increases in share prices [1][2] - Blue Ocean Interactive (08267) rose by 18.97%, trading at HKD 0.345 [1][2] - OK Blockchain Chain (01499) increased by 19.13%, trading at HKD 0.218 [1][2] - New Fire Technology Holdings (01611) saw a rise of 9.59%, trading at HKD 2.97 [1][2] - Boya Interactive (00434) experienced a gain of 7.26%, trading at HKD 3.84 [1][2]

股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2025年12月31日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 新火科技控股有限公司 呈交日期: 2026年1月2日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 01611 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 900,000,000 | HKD | | 0.001 | HKD | | 900,000 | | 增加 / 減少 (-) | | | | | | | HKD | | | | 本月底結存 | | | 900,000,000 | HKD | | 0.001 | HKD | | 900,000 | 本月底法定/註冊股本總額： HKD ...