GOFINTECH QUANT (00290) Plans Acquisition of Stake in Luffa AI Limited

Stock News
04/30

GOFINTECH QUANT (00290) announced that on April 30, 2026, the company entered into a non-legally binding memorandum of understanding with Luffa AI Limited (the target company). The memorandum concerns a potential investment to acquire a partial equity stake in the target company. Luffa AI Limited is a limited company incorporated in Hong Kong, China, primarily engaged in the development and operation of artificial intelligence and Web3-based communication and social networking products and related services. The target company's principal assets include all associated rights, intellectual property, source code, user base, and related intangible assets (such as app store listings, domain names, and social media accounts) of a smartphone application and web interface named Luffa. Luffa functions as a decentralized social and communication platform that utilizes end-to-end encryption and distributed technology to safeguard user data. The platform serves as an infrastructure layer for autonomous AI agents, providing decentralized identity, permission management, social features, and mini-programs known as Super Boxes, delivering a seamless, one-stop experience to facilitate next-generation human-computer interaction. As a diversified financial services platform, the group is continuously seeking to explore various collaborations within the quantum technology and artificial intelligence sectors. The potential investment offers a unique pathway for the group to leverage its research and development achievements in quantum encryption algorithms and blockchain technology, with the expectation of enhancing the competitive advantage and technological competitiveness of the group's fintech services.

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