. In addition, the Hong Kong Securities and Futures Commission's future handling policy for virtual asset trading platform license applications is as follows: the Securities and Futures Commission will conduct on-site inspections, and applicants will need to agree with the Securities and Futures Commission on improvement actions based on the inspection results; after implementing the improvement plan, the Securities and Futures Commission will formally issue licenses to applicants and allow them to conduct limited business; the Securities and Futures Commission will work with these newly licensed platforms to hire an approved third party to conduct an external review. After the review is completed, these platforms will be allowed to operate their businesses with the restrictions lifted.