HAO TIAN INTL (01341) announced that as of the date of this announcement, the company has purchased a total of 646 units of Ether through open market transactions, at a total cost of approximately $2.71 million (excluding transaction costs). The acquisition cost was determined based on the prevailing buy and sell prices of Ether in the open market and was financed using internal resources generated during the group's regular business operations. The announcement noted that the board observed the ongoing development and widespread application of blockchain technology, leading to an increasing and diversified use of cryptocurrencies on social platforms, especially decentralized social networks. As a mainstream crypto asset, Ether is not only supported by the legal framework of Hong Kong’s "Stablecoin Regulation" but has also been recognized by the "Guidelines and Establishment of the U.S. Stablecoin National Innovation Act," signifying its compliance endorsed by two major global financial markets. Furthermore, there is a noticeable increase in the number of service providers offering virtual asset trading services, making it easier for public investors to access cryptocurrencies. Consequently, the board anticipates that the trading volume of cryptocurrencies will continue to grow in the near term. In light of these factors, the board believes that there is potential for value appreciation in Ether.