YEE HOP HLDGS (01662) announced that on September 16, 2025, the Company's wholly-owned subsidiary Yee Hop Investment Holdings Limited (the Subscriber) entered into a subscription agreement with Trio AI Limited (the Target Company), among others, to subscribe for 15 million shares of the Target Company, representing approximately 51.73% of the Target Company's enlarged issued share capital, for a consideration of HK$15 million (the Subscription).
The Target Company is engaged in providing artificial intelligence (AI) infrastructure services, specializing in high-performance GPU-accelerated cloud computing solutions in the Hong Kong region. To the Directors' knowledge, the Target Company provides cutting-edge infrastructure and services for AI model development, training and deployment, meeting the growing demand for advanced computing capabilities across various industries.
The Subscription represents a strategic investment in the Target Company and demonstrates the Group's forward-looking initiative to capitalize on the increasing demand for high-performance computing (HPC) and AI-driven solutions across industries, including construction and infrastructure development. Through access to the Target Company's GPU-powered cloud services, the Group can enhance its operational efficiency and technological capabilities.
The Board believes that AI and HPC can be utilized to optimize project planning, structural simulation and risk assessment for the Group's foundation and civil engineering projects. The Board expects that AI-driven analytics processing large volumes of geotechnical and structural data can enable more informed decision-making, cost reduction and enhanced safety in tunneling and foundation projects.
Furthermore, the Directors believe that as Hong Kong and China accelerate smart city initiatives, integrating AI-powered computing into the Group's business model can enable it to provide more value-added services. Leveraging the Target Company's specialized expertise, the Group can explore new revenue sources, such as providing AI-enhanced solutions for the Group's civil engineering projects.
The Directors consider that the Group's collaboration with the Target Company's shareholders will also strengthen technological cooperation. This synergy will accelerate the application of AI and IoT in property revitalization projects, enabling smart building management and sustainable renovation solutions.
To fully capitalize on these opportunities, the Group will implement a comprehensive talent strategy, integrating the Target Company's experts with the Group's own construction specialists. Through integrating the Target Company's technical experts, the Group will build cross-functional teams comprising AI-enhanced engineering specialists, digital construction experts and smart revitalization professionals.
Additionally, the Group will focus on training existing employees in AI applications, ensuring seamless adoption of relevant technologies in foundation engineering, tunneling and revitalization projects. Through promoting cross-sector collaboration between construction professionals and AI experts, the Group aims to build a future-ready workforce capable of delivering smarter and more efficient infrastructure projects in Hong Kong, China and overseas.
As the construction industry increasingly embraces digitalization, the Group's investment in the Target Company will enable it to maintain competitiveness in the evolving market. Overall, the strategic initiatives brought by the Subscription not only diversify the Group's technological capabilities but also enhance its core construction business through AI-driven efficiency, creating long-term value for stakeholders.
In addition to integrating the Group's business model with the Target Company's AI-driven solutions, the Directors expect that the Target Company's AI-related and cloud computing solutions business may generate revenue for the Group and provide additional income sources in the future.