Victory Securities Company Limited (hereinafter referred to as "the Company") hereby announces that, due to business strategy adjustments and the need to safeguard investor interests, the Company's cooperation with Virtual Seed Global Asset Management Limited (hereinafter referred to as "VSG") has been formally terminated as of 17th March, 2025. The fund and any cooperations between the Company and VSG including the Victory VSG Virtual Asset Multi-Strategy Fund I, will be delisted and repurposed in accordance with predefined plans. Specific arrangements are detailed below: 

I. Background of Termination

The Company and VSG originally established their partnership on the principle of mutual benefit. However, following prudent evaluation and amicable negotiations, both parties have mutually agreed to terminate the cooperation effective immediately. This decision remains grounded in the Company’s overall strategic positioning and risk control protocols, and is executed in strict compliance with the terms of relevant legal agreements. 

II. Fund Disposal Plan

1. Suspension of Subscriptions and Delisting Schedule

   - Effective 17th March 2025, the fund will suspend new subscriptions and additional investments. 

   - The fund will be formally delisted on 17th March 2025, at which point all related activities will cease. 

III. Future Business Direction 

The Company will continue to optimize its product offerings, strengthen its risk management framework, and introduce more competitive investment solutions in the virtual asset sector to fulfill its long-term commitment to investors. 

IV. Important Disclaimers 

1. This announcement does not constitute investment advice. Details are subject to formal agreements and regulatory documents. 

2. In the event of disputes arising from the termination of cooperation, the Company reserves the right to pursue legal actions to protect the rights of investors and the organization.