According to Wu's report, Hong Kong listed company New Fire Technology (1611.HK) released its performance report for the fiscal year 2024 (ending September 30, 2024). The report shows that the company confirmed a write-back of impairment losses from FTX amounting to HKD 85.897 million, which has been included in the current profits and losses. The company achieved a gross profit of HKD 44.2 million and a net profit of HKD 56.3 million for the year, successfully turning a loss into profit. In 2025, New Fire Technology will provide distribution services, including Bitcoin and Ethereum ETFs, virtual asset funds, and structured products to professional investors, based on its existing license number 9 (providing asset management services). Additionally, the company is applying for an upgrade of license number 4 (providing advice on securities), and once approved, will launch virtual asset consulting services aimed at professional investors.