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Home Artificial Intelligence

3 E Network Announces the Signing of an Approximately $5.0 Million Core Storage Hardware Sales Contract

October 22, 2026
in Artificial Intelligence, GlobeNewswire, Web3
Reading Time: 10 mins read
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HONG KONG, Oct. 21, 2026 (GLOBE NEWSWIRE) — 3 E Netwo k Tech ology G oup Limited (Nasdaq: MASK) (the “Compa y” o “3 E Netwo k”), a busi ess-to-busi ess (“B2B”) i fo matio tech ology (“IT”) busi ess solutio s p ovide committed to becomi g a ext-ge e atio a tificial i tellige ce (“AI”) i f ast uctu e solutio s p ovide , today a ou ced that its wholly-ow ed subsidia y, 3e Netwo k Tech ology Compa y Limited (HK), has e te ed i to a ha dwa e sales ag eeme t with a majo e te p ise clie t. U de the te ms of the ag eeme t, the Compa y will supply the clie t with co e sto age compo e ts, p ima ily i cludi g e te p ise-g ade memo y modules a d data ce te -g ade sto age co t olle s, valued at app oximately $5.0 millio .

Expa di g Ha dwa e Delive y Scale, Demo st ati g Supply Chai Fulfillme t Capabilities

Followi g the p evious successful delive y of a millio -dolla memo y compo e t o de , this app oximately $5.0 millio sales co t act eflects g owth i t a sactio size a d a expa sio of the p oduct po tfolio withi the Compa y’s IT ha dwa e supply chai busi ess segme t. The co e delive ables of this o de i clude high-volume batches of high-de sity e te p ise memo y modules a d data ce te -g ade sto age co t olle s. Amid co ti ued global data ce te expa sio a d g owi g dema d fo edge computi g, dema d fo high-capacity memo y a d efficie t sto age co t olle s emai s esilie t. The sig i g of this o de eflects the g owi g sou ci g capabilities, high-volume o de p ocessi g capacity, a d established global fulfillme t etwo k of 3 E Netwo k’s subsidia y i the elect o ic compo e ts dist ibutio ma ket.

I teg ati g I dust y Resou ces, E ha ci g Supply Chai Ba gai i g Powe

I the cu e t global semico ducto a d compute ha dwa e ma ket, establishi g a dist ibutio a d p ocu eme t etwo k with eco omies of scale is a impo ta t ave ue fo secu i g upst eam ma ufactu e suppo t. Th ough multi-millio -dolla ha dwa e dist ibutio t a sactio s, 3 E Netwo k co ti ues to st e gthe its elatio ships with leadi g global memo y chip a d elect o ic compo e t ma ufactu e s.

These supplie elatio ships a d p ocu eme t capabilities developed th ough the ha dwa e dist ibutio busi ess ot o ly suppo t the Compa y’s existi g B2B IT solutio s busi ess but a e also a ticipated to be efit its i f ast uctu e p ojects. As the p ocu eme t p ocess fo multi-millio -dolla co e ha dwa e equi eme ts fo the Mikkeli AI compute ce te i Fi la d officially comme ces, the supplie elatio ships a d c edit histo y established th ough the ha dwa e dist ibutio busi ess a e expected to assist the Compa y i secu i g favo able p ocu eme t te ms a d p io ity allocatio i futu e ce t alized compute ha dwa e p ocu eme t, the eby e ha ci g the ove all capital expe ditu e efficie cy of the AI compute ce te .

Impleme ti g the Dual-Wheel D ive Fi a cial St ategy, Suppo ti g R&D with Ope ati g Cash Flow

The ha dwa e dist ibutio a d t ade busi ess is a impo ta t compo e t of 3 E Netwo k’s ove all eve ue po tfolio a d plays a key ole i the Compa y’s lo g-te m fi a cial pla i g. F om a fi a cial pla i g pe spective, this busi ess segme t, togethe with the Compa y’s capital-i te sive compute i f ast uctu e developme t a d p op ieta y chip R&D, co stitutes a ‘dual-wheel d ive’ model.

Cu e tly, capital-i te sive i itiatives, i cludi g the 9 MVA Eu opea AI compute ce te , which ece tly bega comp ehe sive ha dwa e evaluatio , a d the o goi g mic oa chitectu e desig of the ext-ge e atio p op ieta y AI sto age co t olle , equi e substa tial capital. The expected positive ope ati g cash flow ge e ated f om this app oximately $5.0 millio o de will p ovide impo ta t i te al liquidity suppo t fo these st ategic p ojects. This app oach aims to educe the Compa y’s elia ce o exte al dilutive fi a ci g while adva ci g co e AI tech ology R&D a d capital-i te sive i f ast uctu e developme t, helpi g the Compa y mai tai lo g-te m st ategic i vestme ts amid the cyclical fluctuatio s of the semico ducto i dust y.

Ma ageme t Comme ta y

D . Ti gju Ya g, Chief Executive Office of 3 E Netwo k, stated, “The sig i g of this sales co t act, valued at app oximately $5.0 millio , demo st ates the Compa y’s ability to meet the la ge-scale IT ha dwa e eeds of e te p ise clie ts. It also eflects ou supply chai team’s achieveme ts i developi g a global sou ci g a d fulfillme t etwo k.”

D . Ya g added, “Faci g obust dema d fo compute i f ast uctu e, 3 E Netwo k mai tai s a p agmatic g owth st ategy. The egula ha dwa e t ade busi ess ge e ates steady ope ati g cash flow, p ovidi g vital o -dilutive fi a cial suppo t fo ou Eu opea AI compute ce te layout a d p op ieta y AI chip R&D. Movi g fo wa d, we will co ti ue to deepe ou ‘dual-wheel d ive’ st ategy, e su i g steady g owth i ou existi g IT supply chai busi ess while solidly adva ci g ou comme cializatio p ocess i the AI compute i f ast uctu e ma ket.”

About 3 E Netwo k Tech ology G oup Limited3 E Netwo k Tech ology G oup Limited is a busi ess-to-busi ess (“B2B”) i fo matio tech ology (“IT”) busi ess solutio s p ovide committed to becomi g a ext-ge e atio a tificial i tellige ce (“AI”) i f ast uctu e solutio s p ovide . It upholds the i dust y co se sus of “AI a d e e gy symbiosis” a d has a st o g visio i the field of e e gy i vestme t. The Compa y’s busi ess comp ises two mai po tfolios: the data ce te ope atio se vices po tfolio a d the softwa e developme t po tfolio. Fo mo e i fo matio , please visit the Compa y’s website at https://3emask.com/.

Fo wa d-Looki g Stateme tsCe tai stateme ts i this a ou ceme t a e fo wa d-looki g stateme ts. These fo wa d-looki g stateme ts i volve k ow a d u k ow isks a d u ce tai ties a d a e based o the Compa y’s cu e t expectatio s a d p ojectio s about futu e eve ts that the Compa y believes may affect its fi a cial co ditio , esults of ope atio s, busi ess st ategy, a d fi a cial eeds. I vesto s ca ide tify these fo wa d-looki g stateme ts by wo ds o ph ases such as “app oximates,” “assesses,” “believes,” “hopes,” “expects,” “a ticipates,” “estimates,” “p ojects,” “i te ds,” “pla s,” “will,” “would,” “should,” “could,” “may” o simila exp essio s. The Compa y u de takes o obligatio to update o evise publicly a y fo wa d-looki g stateme ts to eflect subseque t eve ts o ci cumsta ces, o cha ges i its expectatio s, except as may be equi ed by law. Although the Compa y believes that the expectatio s exp essed i these fo wa d-looki g stateme ts a e easo able, it ca ot assu e you that such expectatio s will tu out to be co ect, a d the Compa y cautio s i vesto s that actual esults may diffe mate ially f om the a ticipated esults a d e cou ages i vesto s to eview othe facto s that may affect the Compa y’s futu e esults i the Compa y’s egist atio stateme t a d othe fili gs with the U.S. Secu ities a d Excha ge Commissio .

Fo mo e i fo matio , please co tact:

3 E Netwo k Tech ology G oup LimitedI vesto Relatio s Depa tme tEmail: i d@3emask.comWebsite: https://3emask.com/

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