Hang Feng Technology Innovation Co., Ltd. (the "Company" or "Hang Feng"), a Hong Kong-based company providing comprehensive corporate management consulting and asset management services, today announced the pricing of its initial public offering (the "Offering") of 1,375,000 Ordinary Shares at a public offering price of US$4.0 per ordinary share. The ordinary shares have been approved for listing on the Nasdaq Capital Market and are expected to commence trading on September 12, 2025, under the ticker symbol "FOFO."

The Company expects to receive aggregate gross proceeds of US$5.5 million from the Offering, before deducting underwriting discounts and other related expenses. In addition, the Company has granted the underwriters a 45-day option to purchase up to an additional 206,250 ordinary shares at the public offering price, less underwriting discounts. The Offering is expected to close on or about September 15, 2025, subject to the satisfaction of customary closing conditions.

Proceeds from the Offering will be used for: strengthening corporate management consulting business, developing asset management business, driving business expansion and strategic partnerships, and supporting general working capital and operations.

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