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Hang Feng Technology Innovation Co., Ltd. Announces First Half 2026 Financial Results
HONG KONG, Sept. 8, 2026 /PRNewswire/ — Hang Feng Technology Innovation Co., Ltd. (“Hang Feng Technology Innovation” or the “Company”), a Nasdaq-listed company headquartered in Hong Kong, announced its financial results for the six months ended June 30, 2026 (the “Reporting Period”) as previously furnished to the U.S. Securities and Exchange Commission on a current report on Form 6-K on September 4, 2026. The Company continues to execute its long-term strategic transformation while maintaining a highly capitalized and resilient balance sheet.
Key Financial & Operational Highlights
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Capital Resources & Balance Sheet: As of June 30, 2026, total assets were $8,215,946,including $6,606,369 in cash. Total shareholders’ equity remained at $8,015,004.
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Financial Performance: Total revenue for the Reporting Period was $362,511 (compared to $1,327,707 in the first half of 2025). The Company reported a net loss of $553,033 and a comprehensive loss of $593,754 (compared to net income of $363,524 and comprehensive income of $330,221 in the first half 2025). The net loss was primarily attributable to a sharp decline in revenue from the management consulting business. The decrease in corporate management consulting services revenue was primarily due to the Company’s shift in its strategic focus, which resulted in a reduction in business development and marketing activities for its existing operations and a reallocation of resources toward the development of its RWA initiatives. In response to these adjustments, the Company has been actively exploring new market opportunities to realign its operations with the evolving environment.
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Interest Income Cushion: The Company recorded $329,755 in loan interest revenue during the Reporting Period, delivering a
Strategic Corporate Development & Operational Updates
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Incorporation of Singapore Subsidiary: In May 2026, the Company incorporated a wholly‑owned subsidiary, HF Helios AI PTE Limited, in Singapore. The subsidiary was established to prepare for prospective cross‑border and tech‑driven business initiatives, and has not yet commenced operations.
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Capital Structure Reorganization: Following shareholder approval at the Extraordinary General Meeting on June 12, 2026, the Company completed a share capital re‑designation. The statutory capital structure was reorganized into 9,000,000,000 Class A Ordinary Shares and 1,000,000,000 Class B Ordinary Shares. As of June 30, 2026, 3,871,000 Class A Ordinary Shares and 4,000,000 Class B Ordinary Shares were issued and outstanding.
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Regulatory Licenses: Through its Hong Kong subsidiary, Hang Feng International Asset Management Limited (“HF IAM”), the Company held Type 4 (Advising on Securities) and Type 9 (Asset Management) regulated licenses issued by the Securities and Futures Commission (“SFC”) as of June 30, 2026. Subsequent to the Reporting Period, on July 7, 2026, HF IAM was granted a Type 1 (Dealing in Securities) license. The Company continues to advance its license portfolio to support diversified financial offerings.
