About GAOYU FINANCE Company

The Group The Company and its subsidiaries (collectively, the “Group”) are located in Hong Kong and have been operating in the Hong Kong securities industry under the current name of the Group for over 20 years. We are mainly engaged in providing (i) securities trading and brokerage services; (ii) placement and underwriting services; (iii) financing services including securities and guarantee financing for the sale of new shares; and (iv) Asset management services. Our services are mainly related to stock and debt securities trading on the Hong Kong Stock Exchange. We also provide ancillary services for depositing securities in our name. The main business activities described above are carried out by us through Taiping Foundation Securities Limited (“PFSL”) (an operating subsidiary of the Company). PFSL is a licensed corporation that can engage in Class 1 (securities trading) and Class 9 (asset management) regulated activities under the Securities and Futures Ordinance.