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International Business Settlement (00147.HK) enters into a HKD 1.56 billion chip sales agreement with Hong Kong Nanji Guang.

Gelonghui Finance ·  Dec 5, 2025 18:32

Gelonghui, December 5th - International Business Settlement (00147.HK) announced that on December 5, 2025, the Group entered into a computer chip sales agreement with Hong Kong Nanji Guang Technology Co., Ltd. ("Hong Kong Nanji Guang"), a wholly-owned subsidiary of Shenzhen Nanji Guang Electronics Technology Co., Ltd. (stock code: 300940.SZ).

Under the computer chip sales agreement, the Group agreed to supply, and Hong Kong Nanji Guang agreed to purchase, a total of 1,610,000 integrated circuit (IC) chips. The total contract value is approximately USD 19.95 million (equivalent to approximately HKD 156 million).

The Board believes that the transactions contemplated under the computer chip sales agreement are conducted in the ordinary and normal course of the Group's business. The computer chip sales agreement expands the product portfolio of the Group’s computer equipment business to capitalize on growth opportunities in the IC chip market. The Company remains committed to pursuing business development initiatives that enhance long-term shareholder value.

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