According to Xinhuo Technology Holdings Co., Ltd. (referred to as "Xinhuo Technology", stock code: 1611.HK), the company's custody products have recently exceeded 2 billion US dollars in overall custody assets, and its compliance custody products have cumulatively served more than 300 full custody and MPC self-custody customers. Xinhuo Technology SINOHOPE MPC self-custodial wallet innovatively uses MPC-TSS technology to support distributed management of private key sharding and collaborative signature, solve the single point risk of private keys, and realize the safe self-custody of customer funds. At the same time, the product supports multi-level collaborative management, rule engine and approval flow, introduces top-level AML/KYT system, automatically recognizes high-risk transfers, and has multiple security guarantees. New Fire Technology is the only one-stop custody service platform in Asia Pacific that provides both TCSP license compliance custody and MPC self-custody. It is also the first licensed institution in Hong Kong to provide virtual asset discretionary account management services. It is one of the most trusted licensed compliance listed companies in Web3 institutions in Asia Pacific.