Core Viewpoint - Wang and Lee Group, Inc. has announced a strategic investment in TROOPS, Inc. to integrate AI-driven advertising media, smart home devices, and blockchain-powered token rewards into TROOPS' infrastructure, aiming to create synergies and enhance user engagement [1][2][3] Investment Details - The investment will allow Wang and Lee to deploy its AI-driven digital advertising platforms and IoT-enabled smart home solutions across TROOPS' potential 200-building portfolio, reaching a vast number of tenants and visitors [2] - The partnership includes the introduction of an ESG-aligned token rewards ecosystem, where users can earn redeemable tokens for engaging with the technologies [2][8] Strategic Vision - The collaboration aims to leverage TROOPS' established real estate footprint to accelerate the adoption of smart technologies and create a seamless ecosystem [3] - The CEO of Wang and Lee emphasized that this investment is a transformative step towards building smarter, more sustainable communities [3] ESG and Market Growth - The partnership aligns with global ESG priorities by promoting energy-efficient technologies and financially empowering users through tokenized rewards [4] - Wang and Lee anticipates increased demand for its smart devices and advertising services as TROOPS' buildings become innovation hubs [4] Company Background - Wang and Lee Group, Inc. is a Hong Kong-based construction prime and subcontractor specializing in the installation of Electrical & Mechanical Systems, including low voltage electrical systems and mechanical ventilation [6]

Core Insights - Wang & Lee Group, Inc. has successfully installed Hong Kong's first smart flooring system that converts kinetic energy from footsteps into usable electricity, marking a significant advancement in sustainable infrastructure [4][5][6] - The project, developed in collaboration with City University of Hong Kong, utilizes piezoelectric and electromagnetic technologies to harness energy from pedestrian movement, which is stored in batteries for powering low-voltage applications [5][6] - The company plans to expand the deployment of similar systems across various high-traffic locations in Hong Kong and is accelerating R&D in complementary technologies like solar-integrated pavements and AI-driven energy management systems [7][8] Company Overview - Wang & Lee Group, Inc. is a Hong Kong-based construction contractor specializing in the installation of Electrical & Mechanical Systems, including low voltage electrical systems, mechanical ventilation, and air-conditioning systems [8]

Core Insights - Wang & Lee Group, Inc. has successfully installed Hong Kong's first smart flooring system that converts kinetic energy from footsteps into usable electricity, marking a significant advancement in sustainable urban infrastructure [1][2][3] - The project, developed in collaboration with City University of Hong Kong, utilizes piezoelectric and electromagnetic technologies to harness energy from pedestrian movement, which is stored in batteries for low-voltage applications [2][3] - The CEO of Wang & Lee Group emphasized the project's alignment with global climate change efforts and the potential for redefining urban sustainability through smart city technologies [3] Company Initiatives - The smart flooring system has been installed in a high-traffic area at the Hang Seng Bank Headquarters in Central, Hong Kong, showcasing the practical application of innovative energy solutions [2] - Wang & Lee Group plans to expand the deployment of similar systems in various public spaces and commercial complexes across Hong Kong, indicating a strategic growth direction [4] - The company is also focusing on R&D for complementary technologies, such as solar-integrated pavements and AI-driven energy management systems, to create comprehensive renewable energy ecosystems [4][5] Strategic Partnerships - The initiative is a result of a strategic partnership between Wang & Lee Group and CityU's School of Energy and Environment, combining engineering expertise with research capabilities to overcome technical challenges [3] - The company is actively seeking partnerships and pilot projects globally to enhance sustainable infrastructure solutions [5]

Core Insights - Wang and Lee Group, Inc. announced a US$71 million contract for a marble quarry in Australia, highlighting its commitment to sustainable infrastructure and green energy strategies [1][2] - The onsite inspection will evaluate operational readiness and resource integration for marble extraction and solar crypto mining, aiming to create two new revenue streams [2][3] - The project aligns with the company's strategic focus on ESG (Environmental, Social, and Governance) initiatives, enhancing its leadership in sustainable development [2][4] Company Strategy - CEO Joe Ho emphasized the quarry as a source of premium marble and a platform for ESG-driven technologies, aiming to set new industry benchmarks while diversifying revenue [3][4] - The project is expected to improve margins and ESG credentials by converting mining byproducts into renewable energy, thus reducing waste and carbon emissions [4] Operational Focus - NQ Marble's Director, Kim Cheng, expressed eagerness to assess the quarry's capabilities and collaborate with local partners to ensure operational excellence, meeting global demand for sustainable building materials [4]

Hong Kong, March 24, 2025 (GLOBE NEWSWIRE) -- Wang & Lee Group, Inc. (Nasdaq: ​WLGS), a multinational leader in sustainable infrastructure and resource development, today announced that it has entered into a securities purchase agreement with certain institutional investors for the purchase and sale of 3,529,400 ordinary shares at a purchase price of $3.40 per ordinary share, together with Series A warrants to purchase up to 3,529,400 ordinary shares at an exercise price of $3.40 per ordinary share and Seri ...

Core Viewpoint - Wang & Lee Group, Inc. has entered into a securities purchase agreement to sell 3,529,400 ordinary shares at a price of $3.40 per share, along with Series A and Series B warrants [1][2]. Group 1: Securities Offering Details - The total gross proceeds from the offering are estimated to be approximately $12,000,000 before deducting fees and expenses [2]. - The Series A warrants can be exercised at an exercise price of $3.40 per share and are valid for five years from issuance [1]. - Series B warrants will have an initial exercise price of $0.0001 per share and will be exercisable three trading days after issuance [1]. Group 2: Company Background - Wang & Lee Group, Inc. is a Hong Kong-based construction prime and subcontractor specializing in Electrical & Mechanical Systems installation [5]. - The company provides services for both public and private sectors, including design and contracting services across various trades in the construction industry [5].

Core Insights - Wang & Lee Group, Inc. has formed a strategic partnership with HK Golden, Inc. to integrate ad-driven content into Linko's AI-powered smart home devices, allowing users to earn blockchain tokens for ad engagement, thereby enhancing ESG impact and consumer value [1][2][3] Group 1: Tokenized Ad Engagement - Users of Linko's devices will earn W&L-issued blockchain tokens for every minute spent interacting with HKGolden's ads, which can be redeemed for device upgrades, premium subscriptions, or cash [2] - The partnership ensures transparent tracking of ad engagement and token distribution through W&L's blockchain ledger [2] Group 2: ESG-Driven Synergy - A portion of the ad revenue generated will fund W&L's solar crypto-mines, linking user engagement to renewable energy growth and supporting global decarbonization goals [3] - The initiative promotes sustainable behavior by rewarding users for their engagement with ads [3] Group 3: Leadership Commentary - The CEO of Wang & Lee Group emphasized the transformation of passive ad consumption into active participation in the green economy, benefiting both users and the environment [4] - Representatives from Linko and HK Golden highlighted the enhanced value of devices and the pioneering nature of the alliance in redefining media monetization [4] Group 4: Strategic Benefits - Users can earn tokens through ad engagement, energy savings, and sustainable actions, while advertisers benefit from precise AI targeting, leading to higher ROI [5] - The partnership positions Wang & Lee as a leader in combining AI smart homes, blockchain rewards, and ESG-aligned media partnerships [5] Group 5: Projected Impacts - Anticipated user growth in Linko device adoption due to the integration of token rewards [6] - The alliance is projected to reduce household carbon footprints among participating users [6]

Core Insights - Wang & Lee Group, Inc. has formed a strategic partnership with HK Golden, Inc. to integrate exclusive ad-driven content into Linko's AI-powered smart home devices, allowing users to earn blockchain tokens for ad engagement, thereby enhancing ESG impact and consumer value [1][2] Group 1: Tokenized Ad Engagement - Users of Linko's devices will earn W&L-issued blockchain tokens for every minute spent interacting with HKGolden's ads, which can be redeemed for device upgrades, premium subscriptions, or cash [2] - The partnership ensures transparent tracking of ad engagement and token distribution through W&L's blockchain ledger [2] Group 2: Exclusive Media Content Integration - HKGolden will curate tailored advertising and entertainment content for Linko's devices, utilizing AI to align ads with user preferences [2] - This integration aims to enhance user experience and engagement with the content [2] Group 3: ESG-Driven Synergy - A portion of the ad revenue generated will fund W&L's solar crypto-mines, linking user engagement to renewable energy growth and supporting global decarbonization goals [3] - The initiative promotes sustainable behavior among users while providing personal rewards [3] Group 4: Leadership Commentary - The CEO of Wang & Lee Group emphasized the transformation of passive ad consumption into active participation in the green economy, benefiting both users and the environment [4] - Representatives from Linko and HK Golden highlighted the value addition through media curation and the pioneering nature of the alliance in redefining media monetization [4] Group 5: Strategic Benefits - Users can earn tokens through ad engagement, energy savings, and sustainable actions, enhancing user incentives [5] - The precise AI targeting through Linko's devices is expected to provide higher ROI for advertisers [5] - The partnership positions Wang & Lee as a leader in combining AI smart homes, blockchain rewards, and ESG-aligned media partnerships [5] Group 6: Projected Impacts - Anticipated surge in Linko device adoption due to the integration of token rewards [6] - W&L tokens are expected to circulate via HKGolden ads within the first year [6] - The alliance is projected to contribute to reducing household carbon footprints among participating users [6]

Partnership merges blockchain rewards, renewable energy, and media monetization to redefine ESG innovation Hong Kong, March 17, 2025 (GLOBE NEWSWIRE) -- Wang & Lee Group, Inc. (NASDAQ:WLGS), a global leader in sustainable energy and blockchain solutions, today announced a exclusive collaboration agreement with Linko Smart Technology Limited ("Linko"), a trailblazer in AI-powered smart home technologies. This partnership solidifies W&L's position as the sole provider of AI-driven smart home services, energy ...

Partnership merges blockchain rewards, renewable energy, and media monetization to redefine ESG innovation Hong Kong, March 17, 2025 (GLOBE NEWSWIRE) -- Wang & Lee Group, Inc. (NASDAQ: WLGS), a global leader in sustainable energy and blockchain solutions, today announced a exclusive collaboration agreement with Linko Smart Technology Limited (“Linko”), a trailblazer in AI-powered smart home technologies. This partnership solidifies W&L’s position as the sole provider of AI-driven smart home services, energy ...