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WELLCELL H-NEW (02477.HK) Plans to Expand Business into AI Computing Power Services
WELLCELL H-NEW (02477.HK) announced that it has decided to launch an artificial intelligence strategy upgrade, extending its business into computing power services within AI infras...
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WELLCELL H-NEW (02477.HK)  -0.200 (-3.953%)    Short selling $1.97M; Ratio 0.707%   announced that it has decided to launch an artificial intelligence strategy upgrade, extending its business into computing power services within AI infrastructure. Specifically, the company plans to incubate new businesses in three directions, including a computing power leasing platform, a computing power scheduling and optimization platform, and a Token aggregation Application Programming Interface (API).

The company plans to establish a dedicated AI strategy task force and set up an independent business unit to advance the above initiatives. Based on business development needs, it will gradually strengthen recruitment of technical talent and ecosystem partnerships, and optimize capital allocation according to project returns. The company will also establish a risk management mechanism during business development to regulate related services, commercialize computing power solution products, and complete pilot testing of token services in the initial stage. (sl/u)(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-05-18 16:25.)

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