GoFintech Quantum Innovation Limited — M&A Activity 2026

Apr 30, 2026

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

GoFintech Quantum Innovation Limited

國富量子創新有限公司

(formerly known as GoFintech Innovation Limited 國富創新有限公司)

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 290)

Website: https://290.com.hk

VOLUNTARY ANNOUNCEMENT MEMORANDUM OF UNDERSTANDING

This announcement is made by GoFintech Quantum Innovation Limited (the "Company", together with its subsidiaries, the "Group") on a voluntary basis to inform the shareholders and potential investors of the Company of the latest business development of the Group.

The Board announces that, on 30 April 2026, the Company and Luffa AI Limited (the "Target Company") entered into a non-legally binding memorandum of understanding (the "MOU") in relation to a possible investment in the Target Company to obtain a minority equity interest in it (the "Possible Investment").

MEMORANDUM OF UNDERSTANDING

The principal terms of the MOU are as follows:

Date: 30 April 2026

Parties: (1) the Company; and

(2) the Target Company

To the best of the Directors' knowledge, information and belief, having made all reasonable enquiries, as at the date of this announcement, the Target Company and the ultimate beneficial owners of the Target Company are third parties independent of and not connected

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with the Company and its connected person (as defined under the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Listing Rules")).

Due Diligence

In accordance with the MOU, the Company has the right to assess and review the records and affairs of the Target Company in order to conduct due diligence on its business, operations, assets, finances and legal matters.

Exclusivity Period of the MOU

The Target Company agrees that, for a period of three (3) months commencing from the date of the MOU (or such longer period as may be agreed upon by the parties in writing) (the "Exclusivity Period"), it and its employees, agents, consultants, representatives, and the senior management of its subsidiaries and affiliates, shall not at any time, directly or indirectly, solicit, initiate, or encourage any further proposals or offers from any person relating to a possible acquisition or the disposal of any equity interest in the shares or assets of the Target Company, nor shall they take any action inconsistent with or that would undermine the Possible Investment.

INFORMATION ABOUT THE TARGET COMPANY

The Target Company is a company incorporated in Hong Kong with limited liability which is principally engaged in the development and operation of Artificial Intelligence ("AI") based and Web3-based communication and social networking products and related services. The major assets of the Target Company include all underlying rights, intellectual property, source code, user base, and related intangible assets (i.e. app store listings, domain names, social media accounts) of a smartphone application and web interface, namely Luffa ("Luffa").

Luffa operates as a decentralized social and messaging platform using end-to-end encryption and distributed technology to protect user data. The platform serves as an infrastructure layer for autonomous AI agents, providing decentralized identity, permission management, social features and superbox mini-programs, delivering a one-stop seamless experience for the next generation of human-agent interaction.

REASONS FOR AND BENEFITS OF THE MOU

The Group is principally engaged in the operation of a financial technology investment platform that combines licensed financial services with strategic technology investments. The Group is a cross-border, cross-industry investment platform based in Hong Kong, backed by the Greater Bay Area, and focused on the international market, with a strong

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presence in the financial services sector. The Group currently also implements an innovation-driven strategy, actively investing in the quantum technology industry and exploring multi-dimensional layout in the field of quantum technology at the business level.

As a diversified financial services platform, the Group has been seeking to explore different cooperation within the quantum technology and AI fields. The Possible Investment provides a unique avenue for the Group to leverage its research and development achievements in quantum encryption algorithms and blockchain technologies. This is expected to enhance the competitive edge and technological competitiveness of the Group's fintech services.

In view of the above, the Board considers that the entering into of the MOU is in the interests of the Company and its shareholders as a whole.

GENERAL

The Board wishes to emphasise that no formal or legally binding agreement in relation to the Possible Investment has been entered into between the Company and the Target Company (and/or its respective affiliates) as at the date of this announcement. As such, the Possible Investment may or may not be materialised.

Shareholders and potential investors of the Company should note that this announcement is made on a voluntary basis for the purpose of keeping the public informed of the latest business developments of the Company. Further announcement in relation to the Possible Investment will be made by the Company in compliance with the Listing Rules, where applicable.

Shareholders and potential investors of the Company are advised to exercise caution when dealing in the shares of the Company.

By order of the Board

GoFintech Quantum Innovation Limited

SUN Qing

Chairlady and Executive Director

Hong Kong, 30 April 2026

As at the date of this announcement, the Board consists of one executive Director, namely Ms. SUN Qing (Chairlady); two non-executive Directors, namely Dr. NIE Riming and Mr. LI Chunguang; and three independent non-executive Directors, namely Mr. CHIU Kung Chik, Ms. LUI Mei Ka and Dr. LIANG Jinxiang.