The board of directors of Wireless Group Co., Ltd. announced on August 10 that it intends to establish a joint venture with Jihui Capital to provide computing power services. It is proposed that Wireless Group and GX Capital hold 51% and 49% of the common voting shares in the joint venture company, respectively. The project will be implemented in stages over the next few years. The funding sources include capital investment of up to HK$2 billion from Jihui Capital into the joint venture, project bank financing, and the Group's internal resources.

The board of directors of Wireless Group Co., Ltd. announced on August 10 that it intends to establish a joint venture with Jihui Capital to provide computing power services. It is proposed that Wireless Group and GX Capital hold 51% and 49% of the common voting shares in the joint venture company, respectively. The project will be implemented in stages over the next few years. The funding sources include capital investment of up to HK$2 billion from Jihui Capital into the joint venture, project bank financing, and the Group's internal resources.