Tiger responds to being investigated by the China Securities Regulatory Commission: will strictly comply with regulatory requirements and actively cooperate with relevant work, the company's various business operations are currently operating normally.

Today, the China Securities Regulatory Commission announced that it has launched investigations and made administrative penalties in advance concerning Tiger Brokers Limited, Futu Securities International Limited, and Changqiao Securities Limited and other related entities for engaging in illegal securities business activities in China and abroad. Tiger, Futu, and Changqiao and their related entities engaged in securities trading marketing, processing transaction instructions, and other related securities business services in China without approval and without obtaining licenses for securities brokerage and securities margin trading. This violates Article 120 of the Securities Law and constitutes illegal securities business operations. In addition, the three institutions and their related entities also violated Article 97 of the Securities Investment Fund Law and Article 63 of the Futures and Derivatives Law, constituting illegal sales of public funds and illegal futures brokerage business. Tiger responded exclusively to Blue Whale News reporters, stating, "The company has taken note of the relevant notice and will actively cooperate with the relevant work in strict accordance with regulatory requirements. Currently, the company's various business operations are normal. Tiger always places compliance first and continues to maintain close communication with regulatory authorities."