WAI CHUN BIOTEC (00660) has announced a significant strategic move, revealing that on August 25, 2026, the company entered into a strategic cooperation memorandum of understanding with Pahang Aerospace City Development Berhad, Baiyuzen Holdings Sdn Bhd, Ennova ICT Pte Ltd, and Radiant (China) Holdings Limited. The agreement focuses on the development of a comprehensive AI digital infrastructure ecosystem within the Pahang Aerospace City in Malaysia.
The ambitious project aims to plan, finance, develop, and deliver a world-class, integrated AI digital infrastructure ecosystem across the aerospace city. The total planned land area for the overall ecosystem and industrial park exceeds 1,200 acres. The first phase involves the planning of Zone 1, encompassing approximately 253.74 acres, which includes the Pahang Aerospace City PACIT load capacity of 300 megawatts. Pahang State is designated as the only planned ultra-large AI computing hub node along Malaysia's Eastern Corridor, holding strategic exclusivity in its eastern location and serving as the core pillar for the digital economy industrial layout on the east coast. The second phase plans the Jiyun AI Data Alliance High-Tech Industrial Park, spanning 918 acres, which holds irreplaceable value for future computing power customer acquisition and long-term strategic positioning.
The core construction components of this project include, but are not not limited to: 1. An ultra-large AI data center with a planned minimum total IT load of up to 300 megawatts. 2. GPU computing infrastructure, involving the deployment of large-scale GPU clusters to meet the surging global demand for AI training and inference. 3. An AI supercomputing platform and national-level AI cloud, building high-performance computing and sovereign cloud infrastructure for cutting-edge scientific research and commercial enterprises. 4. Green energy and fiber optic networks, incorporating low-carbon renewable energy systems and high-bandwidth fiber-optic communication networks.
The board believes that signing this memorandum marks a historic strategic upgrade for the group, carrying profound positive implications for its long-term development and market value enhancement. Firstly, it positions the company to capture the global AI computing power dividend. As global AI technology advances by leaps and bounds, computing power has become the most scarce strategic resource. Participation in the construction and operation of a 300-megawatt ultra-large AI data center and GPU clusters will allow the group to directly tap into the high-value global AI computing supply chain, creating a new and explosive profit growth engine.
Secondly, it positions the company at the forefront of integrating Web3.0 with real-world assets. The group has been appointed to lead the RWA tokenization of this massive digital infrastructure asset and its Hong Kong listing operations. This aligns perfectly with the Hong Kong SAR government's policy direction of vigorously developing Web3.0 and digital asset centers, while significantly enhancing the company's standing in the international fintech sector and generating substantial capital operation returns.
Thirdly, it facilitates international expansion and access to a top-tier ecosystem. Through deep collaboration with a Malaysian national-level developer and an international top-tier technology consortium, the group has successfully expanded its business reach into the high-potential Southeast Asian market as part of its overseas strategy, expecting to secure sustained and stable international cash flow. The board is confident that this strategic cooperation will greatly broaden the group's business moat, achieving a dual-drive model of frontier technology and innovative capital, which aligns with the overall best interests of the company and its shareholders.