VC Holdings (00821) announced that on October 6, 2025, VC Financial Technology (a wholly-owned direct subsidiary of the company), Shenzhen Gaoge, and Shenzhen Fenglinhui entered into a joint venture agreement. Under the agreement, the parties have agreed to jointly establish a joint venture company, with VC Financial Technology holding a 34% stake, Shenzhen Gaoge holding a 33% stake, and Shenzhen Fenglinhui holding a 33% stake.

According to the joint venture agreement, the joint venture company is intended to be incorporated as a private limited company under Chinese law. The joint venture company will primarily engage in providing training, professional consulting services, and high-end conference business in the RWA (Real World Assets) sector.

The company believes that establishing the joint venture is in 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 field. This initiative will integrate the group's professional expertise rooted in traditional finance with innovative momentum in the cutting-edge Web3.0 sector, which can both consolidate the group's core competitive foundation and cultivate new growth engines.