PRIME INTEL (08379) has announced its decision to enter the new business sector of artificial intelligence applications and industrial digital transformation. This sector is currently in a phase of rapid development, and the deep integration of physical industries with finance represents a significant innovative trend in global financial markets, possessing high growth potential. To capitalize on this industry opportunity, implement the group's overall strategy for business diversification, cultivate new profit growth drivers, and enhance its comprehensive competitiveness, the group has decided to launch this new business. It will focus on the technological research, development, and commercial application within the field of industry-finance digitization, aiming to provide digital solutions and professional services for clients including upstream and downstream players in industrial chains, government entities, enterprises, and cross-border e-commerce platforms.
To facilitate the successful launch and operation of this new business, the group has chosen to establish a joint venture with an industry partner as the operational entity. The relevant business progress and planned timeline are as follows: 1. On January 20, 2026, the group's indirectly wholly-owned subsidiary, Shenzhen PrimeConnected Technology Co., Ltd. (PrimeConnected), entered into a legally binding strategic cooperation agreement with Lingxuan (Hainan) Technology Co., Ltd. (Lingxuan Hainan). The two parties agreed to jointly establish a joint venture in Hainan Province, China, to serve as the exclusive operational platform for the group's new business. 2. On January 21, 2026, the aforementioned joint venture, PrimeUnion Digital Intelligence (Hainan) Technology Co., Ltd. (PrimeUnion Digital Intelligence), completed all necessary establishment procedures, formally becoming the core vehicle for the group's new AI and industrial digital transformation business. 3. The group plans to officially commence projects related to the new business in the first quarter of 2026. By that time, preliminary preparations including technical debugging, resource integration, team deployment, and client onboarding will be completed, paving the way for the trial operation of all business aspects. 4. As the core operational vehicle for this new business, PrimeUnion Digital Intelligence is expected to complete the setup of its entire operational structure, debugging of core business modules, and implementation of its service system by the second quarter of 2026. Based on this foundation, it will commence full-scale formal operations, initiating market promotion and customer service for its main business lines. Furthermore, the group plans to finalize the optimization of the new business's full range of products and services, along with end-to-end operational debugging, by the end of 2026. This will involve broadening market channels, refining the customer service system, and achieving synergistic and efficient operation of core business modules, ultimately driving the new business towards scaled operations and establishing stable service capabilities alongside a sustainable business growth model.
The new AI and industrial digital transformation business will focus on building an industry-finance digital ecosystem platform. Leveraging cutting-edge technologies such as big data, AI, and the Internet of Things (IoT), it aims to create a multi-dimensional digital service system. The core strategic objectives are: - Establish an "Industry-Finance Digital Ecosystem Platform" supported by big data, AI, and IoT. - Connect with financial institution resources to provide comprehensive digital risk control services for enterprises throughout industrial chains. - Offer technical support and consulting services for the digital transformation of government and corporate clients. - Provide AI-driven solutions for product selection, operations, customer service, and fund management for cross-border e-commerce platforms.
The cooperative arrangement for the new business's operational entity, PrimeUnion Digital Intelligence, is as follows: PrimeConnected holds a 51% equity stake, while Lingxuan Hainan holds 49%. The total investment for the project is RMB 1 million, contributed in cash by both parties according to their respective shareholding ratios. The relevant cooperation agreement is fully legally binding.