WEBX International Holdings (08521) Subsidiary Signs Strategic Cooperation Agreement with Pansemi

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WEBX International Holdings (08521) announced that on October 21, 2025, its wholly-owned subsidiary, WEBX Cloud Limited, has entered into a strategic cooperation agreement with Pansemi (Singapore) Pte. Ltd. (Pansemi) for collaboration in the supply and operation of computing power for cloud computing and internet traffic services. Under the terms of the strategic cooperation agreement, the subsidiary agrees to prioritize the procurement of computing power in batches from Pansemi or designate affiliated parties to carry out the procurement for its cloud computing and internet traffic service business, provided that the terms are similar to those offered by other service providers. Moreover, Pansemi is required to regard the subsidiary as a strategic core customer and prioritize its procurement needs. The expected total procurement amount is set to reach HKD 30 million, with the services to be delivered to the group within 24 months from the effective date of the strategic cooperation agreement. The board believes that this strategic collaboration will benefit the group’s overseas business expansion and align with its long-term development goals and business development strategy. Through bulk procurement of computing power, the group aims to negotiate better commercial terms with suppliers, reduce overall costs, and stabilize the supply of its fundamental computing infrastructure, thereby enabling the group to continuously provide reliable and high-quality services, as well as expand its business scope and service offerings. Consequently, the board sees the strategic partnership as being in the overall interest of the company and its shareholders.

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