Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited have disclaimed any liability for the contents of the announcement issued by Elate Holdings Limited (076). According to the announcement dated 2 March 2026, Elate Holdings Limited and AOMI Company have entered into a 3-year framework Cooperation and Management Agreement. The arrangement aims to enable Elate Holdings Limited to provide strategic, advisory, and support services to AOMI Company, covering areas such as preliminary market research, business environment analysis, governance consultancy, and technical solutions related to data analytics and artificial intelligence.

Elate Holdings Limited states that specific commercial terms, including services scope, fee structures, and payment terms, are yet to be finalized, and there is no assurance of generating substantive business or revenue. The two parties intend to review the cooperation after three months, with the possibility of supplemental agreements or further cooperation models, including equity investment. As of the announcement date, no binding agreement or term sheet has been signed regarding any equity stake or transaction.

The announcement also highlights Elate Holdings Limited’s existing businesses—global graphite product trading and electronics design and manufacturing in the United Kingdom—along with a joint venture focusing on artificial intelligence, Web3, and extended reality. The Company anticipates that collaborative efforts with AOMI Company could accelerate expansion in these areas. Key professionals at Elate Holdings Limited, including individuals with deep expertise in blockchain, e-commerce, artificial intelligence, and 5G-based extended reality, may support AOMI Company’s business development.

The board of directors, comprising executive directors Feng Zhong Yun and Zhang Xue, and independent non-executive directors Ng Lai Po, Ye Yi Fan, and Yan Shao Shi, emphasizes that all potential investment or cooperation activities remain subject to further evaluation and may not necessarily be concluded. Should any transaction fall under notifiable requirements, a separate announcement will be made. Shareholders and prospective investors are advised to exercise caution when dealing in the Company’s shares.