|
As of March 31, 2025, the Company’s subsidiaries are as follows:
|
Entity
|
|
Date of
Incorporation
|
|
Place of
Incorporation
|
|
% of
Ownership
|
|
Major business
activities
|
|
Waton Securities
International Limited (“WSI”)
|
|
April 28, 1989
|
|
Hong Kong
|
|
100%
|
|
Broker services and software licensing (including subscription based) and related support services
|
|
Infast Asset Management
Limited (“IAM”)*
|
|
October 30, 2012
|
|
Hong Kong
|
|
100%
|
|
No substantial business
|
|
Waton Investment Global
SPC (“WIG SPC”)*
|
|
May 12, 2022
|
|
Cayman Islands
|
|
100%
|
|
Investment segregated portfolio holdings
|
|
Waton Technology
International Limited (“WTI”)
|
|
February 24, 2023
|
|
Hong Kong
|
|
100%
|
|
Software licensing (including subscription based) and related support services
|
|
Waton Sponsor Limited
|
|
September 7, 2023
|
|
British Virgin Islands (“BVI”)
|
|
100%
|
|
Sponsor of a special purpose acquisition company
|
|
Love & Health Limited**
|
|
October 3, 2023
|
|
Cayman Islands
|
|
100%
|
|
Special Purpose Acquisition Company
|
|
Descart Limited
|
|
February 23, 2024
|
|
United States
|
|
100%
|
|
General holding
|
| ** |
As of March 31, 2025, Love & Health Limited has not completed its initial public
offering with Nasdaq.
|
|