According to an announcement from 160 HEALTH (02656), following the inside information announcement published by the company on September 16, 2026 regarding a strategic cooperation framework agreement signed between Shenzhen 160 Network Technology Co., Ltd., an indirectly wholly-owned subsidiary of the group, and a national-level high-tech enterprise focused on the enterprise-level computing infrastructure sector, with an estimated total cooperation amount of approximately RMB 650 million, 160 Network Technology has now formally signed the first sales contract under the framework agreement, with a contract value of approximately RMB 42 million.
160 Network Technology will proceed with the delivery of AI computing infrastructure and related services in accordance with the terms of the first sales contract and the project arrangements of the counterparty.
The board of directors believes that the signing of the first sales contract marks the group's transition with its partner from a framework cooperation intention to the actual business implementation and execution stage, and the estimated cooperation scale of approximately RMB 650 million as stated in the strategic cooperation announcement is gradually entering the fulfillment phase.
The group will maintain ongoing communication with its partner and systematically advance the coordination of potential follow-up business, driving further realization of the estimated cooperation scale.
The first sales contract and the transactions contemplated thereunder do not constitute a transaction subject to disclosure under Chapter 14 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited, nor do they constitute a connected transaction under Chapter 14A of the Listing Rules.
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