QDM International Announces Strategic Acquisition of Additional Hong Kong Insurance Brokerage License

QDM International Inc. (“QDM” or the “Company”)(OTCQB: QDMI), a Hong Kong-based insurance broker operating through its wholly-owned subsidiary, Hong Kong YeeTah Insurance Broker Limited (“YeeTah”), today announced the completion of the acquisition of 100% of the equity interests in MCM Wealth Management (Hong Kong) Limited (“MCM”), a licensed insurance brokerage firm in Hong Kong. MCM holds an insurance brokerage license issued by the Hong Kong Insurance Authority, authorizing it to conduct both general insurance business and investment-linked insurance business, where the policy benefits or cash value are tied to the performance of specified investment funds, underlying assets, or market indices.

The Company expects the additional insurance brokerage license, together with MCM’s established client base and resources, to broaden the Company's portfolio of insurance products and enable it to offer more customized solutions tailored to evolving customer needs. The acquisition is also expected to enhance its competitiveness by strengthening its bargaining power with insurance companies.

With the addition of MCM, the Company plans to deepen client coverage, expand its market footprint, optimize its internal team structure, and recalibrate its sales strategy. Supported by the newly acquired license and MCM’s capabilities, the Company believes it will unlock additional growth opportunities and further strengthen its strategic position in the insurance brokerage market.