CWT INT'L (00521.HK): Establishes Group Artificial Intelligence and Information Technology Office; Subsidiary Prism AI Signs MOU with Globelink to Develop AI Pricing Solutions
NewTimeSpace News: CWT International Limited (00521.HK) announced on 24 July that it has set up a Group Artificial Intelligence and Information Technology Office operated via Prism AI. Prism AI entered into a memorandum of understanding with Globelink to develop AI pricing solutions, with initial testing completed. The Company expects improved operational efficiency and competitiveness.
NewTimeSpace News: On 24 July 2026, CWT International Limited (00521.HK) issued a voluntary announcement. To drive digital transformation and boost operational efficiency, the Group completed organisational restructuring in June 2026 and formally established the Group Artificial Intelligence and Information Technology Office under a unified Technology and AI framework. The office is operated through its indirectly wholly-owned subsidiary Prism AI Studio Pte. Ltd.
Meanwhile, Prism AI has signed a memorandum of understanding with CWT Globelink, the Group’s freight logistics arm, to jointly develop an artificial intelligence pricing solution as a flagship pilot project. The initiative aims to reduce reliance on manual and repetitive data processing work. The Company disclosed that preliminary performance tests have been completed, demonstrating measurable early outcomes. Systematic advancement of AI transformation will help build differentiated technological competitive advantages across its global portfolio of businesses, improve workforce efficiency and strengthen long-term profitability.
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