小商品城：拟设立香港全资子公司并申请TCSP牌照

Group 1 - The company plans to establish two wholly-owned subsidiaries in Hong Kong, namely Xunchi Hong Kong Limited and Xunchi Hong Kong Oriental Limited, with registered capital of HKD 50 million and HKD 10 million respectively [1] - The investment aims to leverage Hong Kong's financial ecosystem to enhance cross-border financial services for small and micro enterprises, thereby increasing overseas business capabilities [1] - The establishment of these subsidiaries is subject to relevant approval processes, and there is uncertainty regarding the successful establishment [1]