160 HEALTH (02656.HK): Enters into Strategic Co-operation Framework Agreement with Estimated AI Computing Infrastructure Co-operation Amount of About RMB 650 Million

NewTimeSpace News: On 16 September 2026, 160 Health International Limited (stock code: 02656.HK) announced that Shenzhen 160 Network Technology Co., Ltd., an indirect wholly-owned subsidiary of the Group, entered into a strategic co-operation framework agreement with a limited liability company registered in Shenzhen, the PRC (the co-operating party). The co-operating party focuses on the enterprise-level computing infrastructure sector, providing equipment leasing and AI cloud computing services, is a national high-tech enterprise established over 10 years ago with registered capital of over RMB 100 million, and has been selected as a provincial specialised, refined, distinctive and innovative small and medium-sized enterprise and a municipal gazelle enterprise, and is an independent third party.

The announcement disclosed that the co-operating party has preliminarily agreed to procure a certain scale of enterprise-level AI computing infrastructure from Shenzhen 160 Network Technology, with an estimated total co-operation amount of about RMB 650 million; the agreement is valid for one year from 16 September 2026 to 15 September 2027. The co-operating party will issue procurement requirement notices based on its project implementation progress, and Shenzhen 160 Network Technology shall, within five business days of receipt, submit the configuration plan, quotation plan and estimated delivery cycle for the corresponding batch of AI computing infrastructure, with a formal AI Computing Infrastructure Procurement Order to be signed after the parties reach agreement on all details. The Company emphasised that the framework agreement is not legally binding, that the co-operation scale of about RMB 650 million is an estimate and not a firm commitment, and that the actual scale and amount will depend on the co-operating party's actual needs, market price movements and the Group's supply capacity; the agreement and the transactions thereunder do not constitute a discloseable transaction under Chapter 14 or a connected transaction under Chapter 14A of the Listing Rules.

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