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According to the announcement dated 3 February 2026, the Group refers to its role in providing software-as-a-service (SaaS) and digital marketing solutions through the utilisation of the Pilot Algorithm System (PAS). The Dubai Subsidiary, following a PAS roadshow in Hong Kong on 2 February 2026, signed a contract with a distributor based in Macau for SaaS annual licenses and subscriptions, setup and deployment, maintenance and technical services, and add-on services. The contract totals US$3 million and is expected to commence and be completed within one year from its start date. The Board of Directors believes this development will broaden the Group’s future revenue base.
The Group also established a subsidiary in the People’s Republic of China on 26 January 2026, aiming to support operations and sales activities for its SaaS solutions and digital products. This subsidiary’s responsibilities include market expansion, technical upgrades, and research and development related to the PAS.
The announcement emphasizes there is no forecast or prediction of the Group’s profits in relation to the contract. Shareholders and potential investors are advised to exercise caution when dealing in the Company’s securities.