Statement on Brand Impersonation Scam and Fraudulent Marketing Materials

2021-06-25

Huobi Technology (1611.HK) recently discovered a brand impersonation scam by a company named “Haike HTK Co., Ltd.”, which claimed to be a subsidiary of Huobi Technology, or an authorized agent of Huobi Asset Management. They have been distributing false fund product marketing materials, claiming to be qualified in providing virtual asset management services or related fund products.

Huobi Technology hereby officially declares and clarifies that Huobi Technology and Huobi Asset Management have no relationship with this company. There are also no authorized agreements or partnerships with this company. This case has been reported to the Hong Kong Securities and Futures Commission (SFC) and the Hong Kong police. We reserve the right to take appropriate action, including pursuing against such fraud offenders to the fullest extent of the law.

A note to all customers and general public, we kindly remind you to always stay vigilant, carry out appropriate due diligence, and clarify necessary information to avoid fraud and deception.

For further inquiries, please visit our website:

www.huobitech.com;www.huobi-asset.com

In addition, Huobi Technology has also recently received inquiries that certain individuals are contacting our customers by the name of Huobi Technology. They have reached out to users by telephone and mentioned that they have noticed money laundering on their account and requested users to transfer their money to another unknown account. We stress that all the businesses of Huobi Technology and its subsidiaries strictly abide by laws and regulations, and asset management-related businesses strictly follow the procedures and standards as required by the Hong Kong SFC. The underwriters we cooperate with are licensed institutions approved by the Hong Kong SFC. If the general public receives such calls, please be alert and visit the official website of the Hong Kong SFC for verification, or call +852 3616 0815 (Huobi Technology) / +852 3619 3393 (Huobi Asset Management) for inquiries to avoid losses.