INGDAN (00400) officially signs a service contract for the intended service order.

INGDAN (00400) announced a strategic upgrade for the group as it advances into the vertical AI token factory sector and has signed a letter of intent for service orders exceeding $1 billion. The group has formally entered into service contracts regarding the intention orders mentioned in the announcement. According to the relevant service contracts, it is anticipated that over $1 billion in service fee revenue will be generated over the next five years, with a formal start of delivery and provision of related services expected in the fourth quarter of 2026. The group is accelerating the development of a global computing power network and plans to expand its computing center layout to several Asian countries in the near future, with an overall planned total computing power exceeding 100 megawatts. The group will provide services such as computing power scheduling, cluster operation and maintenance, and token computing power through its token computing power dispatch platform. Clients of the group's token factory services include leading internet cloud service providers and Siasun Robot & Automation vertical market clients. The board believes that the formal realization of the service orders further validates the commercial viability of the group's token factory business model, as well as the group's strategic transformation from an AI chip hardware supplier to a vertical token factory operator, and will help drive token operation services as a new growth engine for the group.