YEE HOP HLDGS (01662) intends to subscribe for Trio AI with a capital of 15 million Hong Kong dollars, increasing its issued capital by approximately 51.73%.

YEE HOP HLDGS (01662) announced that on September 16, 2025, its wholly-owned subsidiary Yee Hop Investment Holdings Limited (Subscriber) entered into a subscription agreement with Trio AI Limited (Target Company) to subscribe for 15 million shares of the Target Company, representing approximately 51.73% of the enlarged issued share capital of the Target Company, at a price of HK$15 million (Subscription Matter). The Target Company is engaged in providing AI infrastructure services, specifically offering high-performance GPU-accelerated cloud computing solutions in the Hong Kong region. As per the directors, the Target Company provides cutting-edge infrastructure and services for AI model development, training, and deployment, meeting the increasing demand for advanced computing capabilities in various industries. The Subscription Matter represents a strategic investment in the Target Company, reflecting the Group's foresight in responding to the growing demand for high-performance computing (HPC) and AI-driven solutions in various industries, including construction and infrastructure development. By acquiring the Target Company's GPU-powered cloud services, the Group can enhance its operational efficiency and technological capabilities. The Board believes that AI and HPC can be used to optimize project planning, structural simulation, and risk assessment in the Group's foundation and civil engineering projects. The Board expects that through AI-driven analysis processing of vast geological and structural data, smarter decision-making, cost reduction, and enhanced safety in tunnel and foundation projects can be achieved. Furthermore, the Board believes that integrating AI-powered computing into the Group's business model can enable the provision of value-added services as Hong Kong and China accelerate their smart city initiatives. Leveraging the Target Company's specialized technology, the Group can explore new revenue streams, such as providing AI-enhanced solutions for its civil engineering projects. The Board also believes that collaboration with the Target Company shareholders will strengthen technological cooperation. This synergy will accelerate the application of AI and the Internet of Things in property revitalization projects, achieving smart building management and sustainable renovation solutions. To fully leverage these opportunities, the Group will implement a comprehensive talent strategy, integrating the expertise of the Target Company's specialists with the Group's own construction experts. By integrating the Target Company's technical experts, the Group will build a cross-functional team composed of AI-enhanced engineering experts, digital construction experts, and smart revitalization professionals. Additionally, the Group will focus on training existing staff on the application of AI to ensure seamless adoption of relevant technologies in foundation engineering, tunnel engineering, and revitalization projects. Through promoting cross-disciplinary collaboration between construction professionals and AI experts, the Group aims to build a future-oriented workforce capable of delivering more intelligent and efficient infrastructure projects in Hong Kong, China, and overseas. As the construction industry increasingly embraces digitization, the Group's investment in the Target Company will help it maintain competitiveness in the evolving market. Overall, the strategic initiatives brought about by the Subscription Matter not only diversify the Group's technological capabilities but also enhance efficiency through AI-driven enhancements to its core construction business, creating long-term value for stakeholders. In addition to integrating the Group's business model with the Target Company's AI-driven solutions, the Board expects the Target Company's AI-related and cloud computing solution business to generate income for the Group in the future and provide additional revenue sources.