Core Viewpoint - The company has entered into a significant agreement with Shuwei Technology to establish a test data center, marking a strategic step towards digitalization and the evaluation of innovative technology [1][2]. Group 1: Agreement Details - The agreement is based on a memorandum of understanding signed on November 3, 2025, and aims to validate the operational efficiency and commercial value of Shuwei Technology's proprietary "Kodon technology" [1][2]. - The test data center will be constructed in Hong Kong through a wholly-owned subsidiary of the company, with Shuwei Technology acting as the general contractor and designer [2]. - The project budget will be determined based on independent market research and must comply with the Hong Kong Stock Exchange's listing rules [2]. Group 2: Project Objectives and Timeline - The core objective of the test data center is to objectively verify the technology's performance in a real environment, providing a basis for potential future large-scale deployment [2]. - A detailed design plan, budget, and timeline will be developed and signed within 180 days of the agreement [2]. - The total construction period is expected to not exceed 180 calendar days, with final acceptance based on independent third-party testing [2]. Group 3: Strategic Importance - The board views this collaboration as a crucial step in expanding into the digitalization sector, aligning with industry trends towards greener and more efficient data centers [2]. - The Kodon technology claims to significantly enhance data storage density and energy efficiency, which is essential for the future of the data center industry [2]. - The agreement is considered fair and reasonable, aligning with the overall interests of the company and its shareholders [2].

Core Viewpoint - The company has entered into a significant agreement with Shuwei Technology to establish a test data center, marking a strategic step towards digitalization and the evaluation of the proprietary Kodon technology [1][2]. Group 1: Agreement Details - The agreement is aimed at constructing a limited-scale test data center in Hong Kong, utilizing Shuwei Technology's Kodon technology to objectively verify its operational efficiency, reliability, and potential commercial value [2]. - Shuwei Technology will act as the general contractor and designer for the test data center, providing a full range of services from design to delivery, and granting the company an exclusive, non-transferable technology license for the project [2]. - A detailed design plan, budget, and timeline will be developed within 180 days of the agreement, with the total project budget adhering to the Hong Kong Stock Exchange's listing rules and based on independent market research [2]. Group 2: Project Timeline and Evaluation - The total construction period for the project is expected to be no more than 180 calendar days, with final acceptance based on testing results from an independent third-party institution [2]. - The board believes that collaborating with Shuwei Technology to build the test data center is an important strategic step for the company to expand into the digitalization field, aligning with the industry's trend towards green and efficient data center development [2]. - The test will allow the company to assess the actual performance and commercial viability of the Kodon technology at a controlled cost, laying the foundation for future market opportunities [2].