Hong Kong Investor Identification Regime

Please be informed that the Securities and Futures Commission (“SFC”) will launch and implement the investor identification regime (“HKIDR”) in the second half of 2022 and the over-the-counter securities transaction reporting regime (“OTCR”) in the first half of 2023 in Hong Kong respectively (the “new regime”). Under the new regime, customers are required to provide their consent to assign a unique Broker-Client Assigned Number (“BCAN”) so as to enable Webull Securities Limited (“the Company”) to provide to the Stock Exchange of Hong Kong (“SEHK”) together with their Client Identification Data(“CID”), including Customer’s Name, ID Issuing Country, ID Type & ID Number for processing their securities orders. The Company will submit customer’s BCAN with their securities order or share withdraw/deposit instruction to the SEHK and/or SFC for reporting.

To avoid any interruption of your services, please start your Webull APP to submit the “consent”.

Firstly, please confirm the current APP version is 8.0.7

(1) Under the main menu tap, tap right lower corner ”Menu”

(2) tap “About Webull”

(3) Confirm the current version is 8.0.7

If the current version isn’t 8.0.7, please go to APP Store (IOS) or Google Store (Andriod) to get the update (Some clients might have to wait until 30-June-2022 to get the update from Google Store)

Tap “Horns” icon under the main Menu

After entering your trading password, a “client authorization” will pop and please tap “Go to authorize”

After reading the terms, please tick the two boxes and tap “Submit”

Customers who have not provided this consent will still be able to sell/withdraw their securities but will not be able to purchase/deposit securities until they do so.