New Fire Group acquires Avenir investment team and launches trading system, Hong Kong's first Bitcoin based compliant asset management service "Alpha BTC" Golden Finance Report, Hong Kong, April 23rd - Today, Hong Kong listed company New Fire Group (1611.HK, formerly known as New Fire Technology) held the Bitfire Day 2026 Hong Kong Digital Wealth Management Summit Forum on the main stage of the Hong Kong Convention and Exhibition Centre. Weng Xiaoqi, Executive Director and CEO of Xinhuo Group, attended and announced the implementation of two core strategies: strategic acquisition of Avenir's investment trading team and complete trading system, and simultaneous launch of Hong Kong's first Bitcoin based compliant asset management service "Alpha BTC". This layout marks a new level of Xinhuo Group's asset management strategy, officially becoming the exclusive asset management platform to undertake Li Linjia's long-term BTC strategy capabilities, and embarking on a new journey of licensed digital asset privatization development. Weng Xiaoqi revealed at the meeting that since the launch of the "Digital Asset Private Banking Level Butler Service" strategy in August 2025, the group has completed brand upgrades and business system restructuring, achieving leapfrog growth in the past eight months. As of April 2026, the number of customers has increased to 476, a growth of 30 times; The global asset management scale increased to HKD 2.295 billion, a year-on-year growth of 115.29%. Avenir Group originated from the Li Lin family office and has now developed into a comprehensive investment group, ranking among the top in the industry with the largest Bitcoin ETF holdings in Asia by the end of 2025. Through this strategic integration, Xinhuo Group has fully introduced Avenir's core investment research team, a risk control system that has been verified through long-term practice, and a mature trading system, achieving multi platform collaborative operation and stable management of large funds. The relevant strategic capabilities have been officially incorporated into the compliance system of the Hong Kong Securities and Futures Commission's licenses 1, 4, and 9, laying a solid foundation for the landing of private sector products. The newly launched "Alpha BTC" is the first key asset management service launched by Avenir Group around its privatization strategy, which has undergone nearly two years of real market testing and deeply empowered Xinhuo Group. This service is aimed at professional investors with experience in digital asset investment and corresponding risk tolerance, who hold large holdings of BTC and Bitcoin ETFs. It is planned to operate under the group's subsidiary holding a Hong Kong Securities and Futures Commission No. 9 license. Alpha BTC "is based on Bitcoin spot and IBIT as underlying assets, with a capacity of billions of dollars. Without changing the underlying positions of customers or transferring asset ownership, it enables customers to have 100% autonomous control and retain assets in their own accounts throughout the entire process. Xinhuo only obtains trading authorization through APIs, relying on mature option portfolios and strict risk control to achieve high-quality and efficient currency based appreciation for customers, while balancing compliance, security, and profitability. Weng Xiaoqi, Executive Director and CEO of Xinhuo Group, stated that the launch of "Alpha BTC" fills the market gap in Hong Kong's compliance with the BTC currency standard enhancement strategy, and is also a key step in the group's transformation from a comprehensive digital financial service provider to a licensed digital asset private bank. Based on the strategic integration of the top asset management team and professional trading system, Xinhuo Group will build a compliant asset management system that can support billions of dollars, and continue to lead Hong Kong and