On the evening of May 28, GCL Newenergy Holdings Limited (0451.HK) announced that it will establish an overseas joint venture with AntChain Inc ("ANT GROUP"), a leading innovator in cutting-edge technologies such as artificial intelligence and blockchain. This strategic cooperation is a key measure for the company to accelerate its international layout and digital transformation strategy, while also marking a core upgrade in its business model, evolving from traditional energy operation and maintenance services to comprehensive management services for global and digital overseas energy assets, achieving an upward leap in the business value chain.

According to the company's announcement, the joint venture will focus on providing one-stop intelligent asset management and operational services for global energy assets and computing power assets, excluding mainland China, throughout their entire lifecycle.

In the future, both parties will deeply integrate overseas ecological resources and cutting-edge technological advantages to jointly build a one-stop ecological system for AI+ trusted asset management and operational services aimed at overseas markets, precisely addressing industry pain points such as data distortion in overseas energy asset operations, lack of transparency in processes, inefficiency in cross-border collaboration, and difficulty in releasing asset value, thereby establishing the company's differentiated core competitiveness in overseas energy asset management and driving the transformation of its operational service model. GCL Newenergy will leverage its 16 years of energy operation experience and the "Xinyi Lian" AI full-chain energy solution, combined with ANT GROUP's technological advantages in artificial intelligence, blockchain, and trusted data, to enhance the credibility of data, operational transparency, and management efficiency of overseas energy assets through services such as asset on-chain and asset management, AI+ asset operation (intelligent agents for asset operation and maintenance), creating a more competitive capability in overseas energy asset services and promoting the company's transformation from "doing operations" to "managing assets, building platforms, and expanding ecosystems."

The establishment of this overseas joint venture will help GCL Newenergy expand its overseas market, optimize its business structure, enhance platform value, and open up new growth opportunities for the digital management of overseas energy assets. In the future, the company will focus on "energy assets + digital technology + global market" as its core direction, continuously building an internationally competitive digital operation platform for energy assets, contributing to the global green energy transition