(Hong Kong, September 2, 2025) Yunfeng Financial Group Limited (the "Company", together with its subsidiaries referred to as the "Group"; stock code 376.HK) is pleased to announce that the Board of Directors has approved the purchase of Ether (ETH) in the open market as a reserve asset. As of the date of this announcement, the Group has cumulatively purchased 10,000 ETH in the open market, with a total investment cost (including fees and expenses) of $44 million. In the future, the Company will continue to increase its investment in digital assets.

The funds for this purchase come from the Group's internal cash reserves, and the purchased ETH will be classified as investment assets in the Group's financial statements. The Group will continue to closely monitor market developments, regulatory environments, and the Company's financial condition, adjusting the scale of reserve assets as appropriate.

The Board of Directors believes that incorporating ETH into the Company's strategic reserve assets aligns with the Group's positioning in cutting-edge fields such as Web3 and can provide critical infrastructure support for the tokenization of real-world assets (RWA). This initiative will promote technological innovation in the Web3 space, enabling customers to achieve a comprehensive organic integration of finance and technology, thereby significantly enhancing customer service experience and financial autonomy. Additionally, the Company will explore potential application models for ETH in the Group's insurance business, as well as innovative business scenarios that align with Web3. At the same time, using ETH as a reserve asset can optimize the Group's asset structure and reduce reliance on traditional currencies.

In addition to Ether (ETH), the Company plans to explore the inclusion of a diversified range of mainstream digital assets, including Bitcoin (BTC) and Solana (SOL), into the Company's strategic reserve assets. Yunfeng Financial firmly believes that the era of blockchain decentralization has arrived and will accelerate its layout and fully embrace the Web3 transformation to drive innovation and sustainable development in the financial industry.

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