WAI CHUN BIOTEC (00660) has entered into a strategic cooperation memorandum of understanding regarding the development of a super-large AI data center, digital infrastructure platform, and AI technology park in the state of Pahang, Malaysia.

WAI CHUN BIOTEC (00660) announced that on August 25, 2026, the company entered into a strategic cooperation memorandum of understanding with Pahang Aerospace City Development Berhad (PACDB), Baiyuzen Holdings Sdn Bhd (Baiyuzen), Ennova ICT Pte Ltd (Ennova), and Radiant (China) Holdings Limited (Radiant) for the comprehensive AI digital infrastructure ecosystem project in Pahang Aerospace City, Malaysia. The project aims to plan, finance, develop, and deliver a world-class comprehensive AI digital infrastructure ecosystem in Pahang Aerospace City, Malaysia. The overall ecological and industrial park planning covers an area of over 1,200 acres, with the first phase planning for Zone 1 covering approximately 253.74 acres of land, including a 300-megawatt load capacity at Pahang Aerospace Technology City (PACIT). Pahang is the only planned super-large AI computing hub node in Malaysia's East Coast Economic Corridor, featuring strategic exclusivity in its eastern location, making it a core support for the digital economy industry's layout on the east coast. The second phase plans for the Cloud AI Data Alliance high-tech industrial park spanning 918 acres, which holds irreplaceable value for attracting future computing power clients and establishing long-term strategic positioning for the project. The core construction components include, but are not limited to: 1. Super-large AI data center: Planning a minimum total IT load of up to 300 megawatts. 2. GPU computing infrastructure: Deployment of large-scale GPU clusters to meet the surging global demand for AI training and inference computing power. 3. AI supercomputing platform and national-level AI cloud: Building high-performance computing (HPC) and sovereign cloud infrastructure to serve cutting-edge scientific research and commercial enterprises. 4. Green energy and fiber optic network: Supporting a low-carbon renewable energy system and high-bandwidth fiber optic communication network. The board believes that the signing of this memorandum of understanding marks a historic strategic upgrade for the group, with profound positive impacts on the company's long-term development and market value enhancement: 1. Seizing the global AI computing power explosion dividends: With the leap-forward development of artificial intelligence technology globally, computing power has become the most scarce strategic resource. Participating in the construction and operation of the 300-megawatt super-large AI data center and GPU clusters will allow the group to directly tap into the high-value global AI computing power supply chain, creating an explosive new profit growth engine. 2. Leading the integration of Web 3.0 and real-world assets (RWA): The company has been appointed to lead the RWA tokenization and Hong Kong listing operations for this massive digital infrastructure asset, which not only aligns perfectly with the Hong Kong SAR government's strong push to develop a Web 3.0 and digital asset center but will also greatly enhance the company's position in the international fintech sector, generating substantial returns from capital operations. 3. Internationalization layout and top-tier ecosystem: By closely binding with national-level developers in Malaysia and top international technology consortiums, the group has successfully expanded its business landscape into the high-potential Southeast Asian market (overseas strategy), bringing sustained and stable expectations for international cash flow. The board firmly believes that this strategic cooperation will greatly broaden the business moat of the group, achieving a dual-driven model of "cutting-edge technology + innovative capital," which aligns with the overall best interests of the company and all its shareholders.