WANKA ONLINE (01762) plans to establish a limited partnership to invest in innovative businesses in the group's industrial chain.

WANKA ONLINE (01762) announced that on February 7, 2025, a limited partnership agreement was entered into by general partners and limited partners to establish a limited partnership investment fund in Jiangbei District, Chongqing, China. According to the limited partnership agreement, the company's consolidated related entity, Huajujutime (one of the limited partners), agreed to subscribe for the limited partnership interests of the limited partnership enterprise with a capital commitment of RMB 50 million (equivalent to approximately HKD 54 million). The total initial capital contribution agreed by all partners is RMB 100 million. The group is a rapidly growing technology company in the mobile internet market, assisting businesses in various industries to connect with billions of Android, Apple, and Hongmeng mobile phone users in China and actively engage in intelligent AI marketing services. One of the group's future plans and strategies is to continue expanding its business scale, thereby consolidating its market leadership position. The company's decision to participate in the establishment of the limited partnership enterprise is due to the fact that the limited partnership enterprise invests in innovative enterprises in the group's industrial chain, creating a complete industry ecosystem, incubating innovative technologies such as AI applications, expanding the company's business scope, and enhancing control over upstream and downstream enterprises. In addition, the company believes that the limited partnership enterprise will bring substantial returns to the group through the appreciation of its interests in the limited partnership enterprise and dividends distribution.