[Ant Group May Extend the Deadline for Acquiring Bright Smart Securities] On November 13, Bright Smart Securities announced that the acquirer, Ant Group, is considering the possibility of extending the final deadline for the transaction. According to the acquisition agreement signed by both parties in April, the transaction was originally scheduled to conclude on November 25, 2025, but the acquirer has the right to extend the date. The transaction requires approval from the Hong Kong Securities and Futures Commission and the National Development and Reform Commission, and it may not be possible to fulfill all transaction conditions by November 25. Previously, there were market rumors suggesting that Ant's acquisition of Bright Smart was aimed at applying for a virtual asset trading platform license. Bright Smart Securities' Xu Yibin responded that the company and Ant are merely in an offeree and offeror relationship and stated that they will closely monitor market developments and study whether to upgrade the existing license to a virtual asset license.