In response to the rumors that Xinhuo Technology launched a new cryptocurrency exchange, New Huo HK, Xinhuo Technology responded that the website of the New Huo HK exchange is a trial operation website in the process of license application, and there is no official external exhibition. In 2023, the company's business will undergo strategic adjustments. The new one-stop digital asset mixed service platform Sinohope, which integrates centralized and decentralized services, is in the process of preparation and is expected to be launched in the first quarter of 2023, including the original professional-oriented Investors' licensed asset management business will also develop more other diversified products and services.