OBI:Huobi Global''s Major Shareholder Completes Share Sale

OnOctober8,2022,thecontrollingshareholderofHuobiGlobal,reachedanagreementwithAboutCapitalManagement(HK)Co.,Limited(“AboutCapital”)tosellitsentireshareholdinginHuobiGlobal.Uponcompletionofthetransaction,thebuyoutvehicleofAboutCapitalwillcontrolthemajoritystakeinHuobiGlobal.ThetransactiononlyinvolvesthechangeofcontrollingshareholderandhasnoimpactonHuobi’scoreoperationandbusinessmanagementteams.AccordingtoAboutCapital,posttransactionHuobiGlobalwillembraceaseriesofnewinternationalbrandpromotionandbusinessexpansioninitiatives,includingaglobalstrategicadvisoryboardledbyleadingindustryfigures,theinjectionofsufficientcapitalinmarginandriskprovisionfund,aswellasmeasurestofurtherenhancecompetitiveness.Uponsuccessfulimplementationoftheinitiatives,HuobiGlobalwillbewellpositionedtoprovidefirst-classtradingandinvestmentservicestointernationalinvestors.?

PleasenotethatHuobiGlobalcompleteditsexitfrommainlandChinabusinesson31Dec2021,includingtheclosureofallmainlandChinauseraccounts.UsersofHuobiGlobalfrommainlandChinawhohavenotcompletedtheirassetwithdrawalcancheckandwithdrawbalanceviawww.huobi.infoonPCfollowinginstructions.

HuobiGlobal

October8,2022

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