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Hang Feng Technology Innovation (FOFO.US) Secures Another Licensing Breakthrough: Asset Management Subsidiary Granted Type 1 License by the Hong Kong SFC, After Previously Upgrading Type 4 and Type 9 Licenses to Provide Virtual Asset Related Services

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HONG KONG, July 7, 2026 /PRNewswire/ — NASDAQ-listed Hang Feng Technology Innovation Co., Ltd. (NASDAQ: FOFO) (the “Company”), today announced that its wholly-owned subsidiary, Hang Feng International Asset Management Limited (“HFIAM”), has been granted a Type 1 (Dealing in Securities) regulated activity license by the Securities and Futures Commission of Hong Kong (“SFC”). This license enables HFIAM to provide a range of securities dealing activities, including the distribution services, to professional investors.

In accordance with SFC requirements, HFIAM is authorized to carry on the following activities:

Type 1 License: Permits dealing in securities and acting as both principal and agent in securities transactions, allowing the provision of diversified product distribution, trade execution, and related support services to professional investors.Combined with Existing Type 4 and Type 9 Licenses: Further enhances comprehensive service capabilities, enabling the Company to provide a fully integrated service chain for clients, from advising on securities and asset management to securities dealing and distribution.

Against the backdrop of Hong Kong strengthening its position as an international financial center, asset management companies holding a Type 1 license will gain stronger market competitiveness. The granting of this license to HFIAM reflects HFIAM’s satisfaction of the applicable regulatory requirements for conducting Type 1 regulated activities under the SFC licensing regime. With this license, the Company believes that HFIAM will be able to more effectively connect product providers with investors, offering professional investors a wider range of investment choices and efficient transaction services.

Hang Feng Technology Innovation stated that obtaining the Type 1 license represents a significant milestone in the Company’s strategic development in the financial services sector. The Company will strictly comply with all SFC regulations, upholding the core principles of prudence, transparency, and investor protection. It will steadily expand its securities business, promote the diversification and integration of asset management services, and strive to deliver more comprehensive financial solutions to clients.

“Securing the Type 1 license marks a new level of business capability for the Company,” said the management. “Leveraging the management team’s extensive industry experience and established strategic relationships accumulated over the years, we will provide professional investors with a comprehensive suite of product and execution services. This not only broadens the Company’s service scope but also strengthens the Company’s competitiveness in Hong Kong’s capital market, laying a solid foundation for long-term development.”

About Hang Feng Technology Innovation Co., Ltd.

Hang Feng Technology Innovation Co., Ltd. is a Hong Kong-based company providing comprehensive corporate management consulting solutions and specialized asset management services tailored to diverse client needs. Since 2023, Hang Feng has been offering consulting services and identifying market opportunities through Starchain Investment Trading Limited (“Starchain”), one of the Company’s wholly owned subsidiaries, to a growing network of clients. Starchain delivers tailored management consulting services, including strategic growth advisory, performance management reporting, key performance indicator (KPI) advisory, and support in regulatory compliance, risk management, and corporate governance practices. Recognizing client demand for sophisticated asset management solutions, the Company launched asset management services in 2024, introducing structured solutions designed to manage and grow both corporate and individual capital portfolios. For more information, please visit the Company’s website: https://ir.hfintech.io

Forward-Looking Statements

Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy, and financial needs. Investors can identify many (but not all) of these statements by the use of words such as “may,” “will,” “could,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “is/are likely to,” “propose,” “potential,” “continue,” or other similar expressions in this announcement. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will prove correct, and the Company cautions investors that actual results may differ materially from the anticipated results. Investors are encouraged to review other factors that may affect the Company’s future results in the Company’s registration statement and other filings with the SEC.

Media Contact:

Hang Feng Technology Innovation Co., Ltd.
Investor Relations
Email: ir@hfintech.io 

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SOURCE Hang Feng Technology Innovation Co., Ltd.

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Advanced Technology Services Earns Top 10 Ranking Among America’s Best Private Companies

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PEORIA, Ill., July 8, 2026 /PRNewswire/ — Advanced Technology Services, Inc. (ATS), a leading provider of technology–driven industrial maintenance and reliability solutions, today announced it has been ranked No. 6 on TIME’s America’s Best Private Companies 2026 list, developed in partnership with Statista.

The inaugural ranking recognizes 500 privately held companies in the United States based on two key measures: employee satisfaction and company impact. According to TIME and Statista, employee satisfaction was evaluated through independent employee survey data, while company impact was assessed across four dimensions: society, knowledge, health, and environment.

“We’re honored to receive this recognition,” said Jeff Owens, CEO of ATS. “Our greatest strength has always been our people. Every day, our team helps manufacturers solve complex problems, improve performance, and prepare for what’s next. As our industry continues to evolve, we’re excited about the opportunities ahead and remain committed to investing in our people, expanding our capabilities, and helping our customers succeed.”

ATS continues to invest in employee development, technical capabilities, and technology-driven service delivery to help manufacturers improve safety, reliability, productivity, and operational performance. Through those investments, the company is helping manufacturers address increasingly complex maintenance and reliability challenges while creating opportunities for employees to build meaningful careers in manufacturing.

About Advanced Technology Services: Advanced Technology Services, Inc. (ATS), is a global services provider with over four decades of proven experience as a single source for industrial maintenance, technology, and parts. Established in 1985, the company has grown to be a market leader supporting over 1,400 customer manufacturing sites. Through its industry-leading safetypeopleprocesses, and technologies, ATS is advancing solutions that make its customers’ operations more productive, more reliable, and more data-driven. Learn how ATS makes factories run better and smarter at www.advancedtech.com.

PRESS CONTACT:
Kaitlyn Olsen
Brand Strategy Supervisor
309-693-6375
418397@email4pr.com

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SOURCE Advanced Technology Services, Inc. (ATS)

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Maywood Collaborates with S&P Global Market Intelligence to Integrate its Data into Maywood’s AI Workflows

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NEW YORK, July 8, 2026 /PRNewswire/ — Maywood, the first finance-compliant proactive AI built for investment banking, private equity, and the broader financial services industry, today announced it has collaborated with S&P Global Market Intelligence to integrate its data into Maywood’s proactive AI harness. The integration lets Maywood’s agents proactively track important companies, identify key signals, and help teams do more deals.

Maywood’s collaboration with S&P Global Market Intelligence significantly upgrades the power of its proactive AI agent.

The integration enables Maverick, Maywood’s proactive AI agent, to monitor real-time private and public company financials, transactions, and corporate events as they happen. Financial teams can now stay ahead of the moments that move deals: a target approaching a financing need, a portfolio company nearing an exit, a sponsor’s hold period maturing, a leadership change that signals a new mandate. Rather than running a search after the fact, Maverick watches these signals continuously across a dealmaker’s universe, connects them to the relationships and live deals already in the CRM and deal book, and surfaces the right move, drafted and ready, the moment it matters.

“Senior dealmakers don’t miss opportunities because the data isn’t available. They miss them because no one was watching at the right moment,” said Kent Goodman, Chief Operating Officer of Maywood. “Most artificial intelligence waits to be prompted, which makes the managing director the bottleneck. Maverick inverts that. It’s AI that prompts you, now grounded in S&P Global Market Intelligence’s trusted data, so managing directors and partners are in front of the right person at exactly the right time.”

Maverick is purpose-built for the senior professionals who drive revenue across investment banking, private equity, commercial banking, wealth management, auditing, and business development. It embeds compliant AI into the systems they already use and is built to FINRA and SEC requirements from day one, with human approval at every external boundary.

About Maywood
Maywood is a leader in proactive AI for finance, spanning investment banking, commercial banking, lending, private credit, private equity, wealth management, auditing, and business development. Its agent Maverick is the first finance-compliant proactive AI that runs 24/7, purpose-built for managing directors and partners. Every senior professional carries hundreds of relationships and dozens of live deals, and today’s AI waits to be prompted, making the human the bottleneck. Maywood inverts that: it works in the background across your network and your deal book, surfacing moves, drafting replies, and pushing process forward. For more information, visit www.maywoodai.com and follow us on LinkedIn.

Media Contact
press@maywoodai.com

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SOURCE Maywood

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STI Launches EZ Path® ULTRA Fire-Rated Pathway for Demanding High-Density Cable Applications

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SOMERVILLE, N.J., July 8, 2026 /PRNewswire/ — Specified Technologies Inc. (STI) is raising the bar for high-capacity cable management with the launch of the brand-new EZ Path® ULTRA Fire-Rated Pathway. Engineered to meet the growing demands of today’s data centers and telecommunications infrastructure, ULTRA provides a fire-rated solution for large volumes of data, communications, and power cabling, including high-fill cable tray-supported systems that exceed the capacity of conventional pathway solutions.

ULTRA is specifically designed for cable dense environments, supporting high-fill cable tray systems, main distribution pathways, and backbone routing in data center and telecommunications high-capacity network environments. The fire-rated pathway device promotes efficient, repeatable installation that helps accelerate construction schedules by reducing installation complexity in high-capacity cable environments. Ample entryway headroom accommodates oversized pulling heads or pre-connectorized fiber optic cables for the lifecycle of the device.

The EZ Path® ULTRA accommodates continuous and discontinuous cable tray systems. Appropriately sized devices accommodate 12″, 18″, and 24″ wide cable trays, up to 6″ tall, ensuring firestopping performance for the full capacity of the cable tray.

“We wanted to support the next generation of digital infrastructure with a modern solution purpose-built for cable-dense environments,” says Product Manager Justin Mentuck. “By streamlining installation and simplifying ongoing pathway management, this product helps keep projects on schedule and minimizes downtime in mission-critical facilities.” Documentation for the new EZ Path® ULTRA Fire-Rated Pathway is available here.

Specified Technologies Inc. (STI) is dedicated to advancing life and asset safety through innovative passive fire protection systems and digital solutions that help prevent the spread of fire, smoke, and hot gases. The company’s SpecSeal® and EZ Path® product lines are engineered for simplified installation and high performance, often resulting in lower installed costs. With firestopping as its sole focus, STI concentrates all resources on delivering fully tested, high-quality, and forward-thinking firestopping solutions.

Contact: +18009921180

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SOURCE Specified Technologies, Inc.

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