MAIYUE TECH(02501) has entered into a cooperation agreement with Vietnam Made Trading Technology Limited.

MAIYUE TECH (02501) announced on February 19, 2025 that the company has entered into a non-legally binding cooperation agreement (Cooperation Agreement) with Vietnam Made Trading Technology Limited* (strategic partner). Under the Cooperation Agreement, the parties intend to establish a long-term and mutually beneficial partnership aimed at effectively integrating resources and competitive advantages to promote the cross-border artificial intelligence cloud computing industry in Vietnam and China's digital economy. The parties are committed to deep cooperation in the fields of esports and internet access services through a long-term strategic partnership in artificial intelligence cloud computing. Specifically, the company will assist the strategic partner in Vietnam's esports hotels, internet cafes, and other application scenarios by providing comprehensive products and solutions for business, billing, operations, security, and cloud computing, as well as addressing common issues faced by operators in internet access services, esports hardware, network, and esports environment, enabling operators to focus on improving service quality, enriching value-added experiences, and optimizing customer operations. The artificial intelligence industry has vast development prospects and market potential, and the company has been actively investing in research and development of artificial intelligence applications in the government services, education, public transportation, and commercial sectors in China. The Board believes that by leveraging the professional expertise and resource advantages of the company and strategic partners, including their deep relationships and customer base in Vietnam, among other strengths, this cooperation will enable the company to expand its geographical coverage, more easily penetrate countries in the Association of Southeast Asian Nations (ASEAN), broaden the company's sources of revenue, and create greater value for shareholders.