Commencing operation since October 2017, we are a Hong Kong-based financial services provider principally engaged in the provision of corporate finance advisory services, through our indirect wholly-owned Operating Subsidiary, Red Solar, which is a licensed corporation under the SFO to conduct Type 1 (dealing in securities) and Type 6 (advising on corporate finance) regulated activities in Hong Kong. Our corporate finance advisory services mainly comprise the following: • Listing sponsorship and securities related services:(a) Listing sponsorship services: Being one of the 127 active licensed sponsors in Hong Kong licensed under the SFO as of May 1, 2023 to provide listing sponsorship services in Hong Kong, we act as the sponsors to companies pursuing listing on the Main Board and GEM, advising and guiding the companies and their directors throughout the listing process, and performing all duties of a sponsor as required under applicable rules and regulations, in return for the sponsor’s fee.(b) Securities related services: Pertinent to our listing sponsorship services, we also provide securities related services, including: (1) underwriting and placing services, principally as “sponsor-overall coordinator”, for listing applicants who we provide listing sponsorship service, pursuant to the Sponsor Coupling requirement by the Hong Kong Stock Exchange, in return for underwriting or placing commissions and/or fees; and (2) other ancillary services, such as referral services to the underwriting, placing and other fund-raising exercises conducted by other underwriters, placing agents, financial institutions, in return for referral commissions and/or fees.Commencing operation since October 2017, we are a Hong Kong-based financial services provider principally engaged in the provision of corporate finance
advisory services, through our indirect wholly-owned Operating Subsidiary, Red
Solar, which is a licensed corporation under the SFO to conduct Type 1 (dealing
in securities) and Type 6 (advising on corporate financ
