VC Holdings (00821) announced that on October 6, 2025, VC Financial Technology (a direct wholly-owned subsidiary of the company), Shenzhen Gaoge, and Shenzhen Fenglinghui entered into a joint venture agreement. Under this agreement, the parties agreed to jointly establish a joint venture company, with VC Financial Technology holding a 34% stake, Shenzhen Gaoge holding a 33% stake, and Shenzhen Fenglinghui holding a 33% stake. According to the joint venture agreement, the joint venture company will be incorporated as a private limited company under Chinese law. The joint venture company will primarily engage in providing RWA-related training, professional consulting services, and high-end conference business.

The company believes that establishing the joint venture company aligns with the overall interests of the company and its shareholders. The industrial resources accumulated by Shenzhen Gaoge will effectively empower the group's ecosystem development and business expansion in the Web3.0 sector. This initiative will integrate the group's professional expertise rooted in traditional finance with innovative momentum in the cutting-edge Web3.0 field, which can both consolidate the group's core competitive foundation and cultivate new growth engines.