According to Odaily Planet Daily, Kaiying Network's wholly-owned subsidiary Spruce Technology HK Limited has obtained the No. 4 and No. 9 licenses issued by the Hong Kong SFC, marking an important breakthrough in its globalization strategy. In the future, Kaiying Network will leverage its international compliance capabilities to accelerate the pace of global market expansion. The Kingnet AI platform developed by SmileCobra Studio will assist in the innovation of game content creation and economic system design. SmileCobra Studio will actively layout in the fields of virtual asset management, AI collaboration tools, and Web3 game innovation. This licensing achievement demonstrates Kaiying Network's compliance strength and promotes the global commercialization process.