Victory Securities (Holdings) Company Limited, a Hong Kong-listed company (Stock Code: 8540.HK, hereinafter referred to as "Victory Securities"), has been rooted in Hong Kong for 50 years. It operates across four major areas of business, including wealth management, asset management, virtual assets, and capital markets. We believe that with Victory Securities' asset management experience in Hong Kong, Chinese Mainland and Singapore, we can provide local investors in Japan with another investment option through Victory Asset Management Japan Co., Ltd. (hereinafter referred to as "Victory Asset Management Japan").

Victory Securities is pleased to announce that its subsidiary, Victory Asset Management Japan, has successfully obtained a Type II Financial Instruments Business License from the Financial Services Agency of Japan (FSA) in September 2023. This makes the company the first overseas company to receive such a license in Fukuoka City.

Victory Asset Management Japan is a significant extension of our business, marking our confident stride into another financial hub in Asia—Fukuoka, Japan. At the same time, it opens up overseas investment options for Japanese investors. The company will provide a diverse range of suitable investment products, including private or public equity funds, for both professional and general investors.

Mr. Kennix Chan, Executive Director of Victory Securities and Director of Business Development for Victory Asset Management Japan, remarked, “Fukuoka, as the center of Asia, offers a comfortable business and living environment. The Fukuoka government and the FSA also welcome and support foreign companies to establish a presence in Fukuoka. Later, we will establish a local financial team to visit investors and explore their investment needs. Our goal is to find products that align with their risk preferences. We also plan to use Fukuoka as a starting point to build a global investment platform.”