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Announcement of Potential Closing of Distribution Agreement with CICC and JPMorgan

Announcement of Potential Closing of Distribution Agreement with CICC and JPMorgan

Hong Kong, Sept. 13, 2024 (GLOBE NEWSWIRE) — I Win Securities Limited (“I Win”), a wholly owned subsidiary of Garden Stage Limited (NASDAQ: GSIW) (“Garden Stage”), is in advanced discussions with the derivatives trading departments of several investment banks, such as China International Capital Corporation Limited (“CICC”) and JPMorgan Chase Bank, National Association (“JPM”), regarding the distribution of their derivatives products by I Win, including but not limited to participation notes and options linked to the performance of underlying A-shares.

Under the distribution framework with these investment banks, I Win will be able to distribute the sophisticated structured products issued by investment banks to a specific group of I Win clients. These clients must be professional investors as defined by the Securities and Futures Commission to participate in trading these structured products. These potential strategic partnerships, which provide clients with access to financial assets globally, including China A-shares, will benefit I Win’s clients and I Win’s operating partners by providing a much more holistic asset allocation model and creating long-term economic benefits for clients, I Win and other stakeholders.

Garden Stage is a financial services company based in Hong Kong, principally engaged in providing (i) placement and issuance services; (ii) securities trading and brokerage services; and (iii) asset management services.

Contact the Investor Relations department
Email address: [email protected]
Website: https://www.iwinsec.com
Phone: 2688 6333
Fax: 3007 3100
Address: Room 3001-3002, 30/F, China Insurance Group Building, 141 Des Voeux Road Central, Central, Hong Kong