HATCHER GROUP (08365): Intends to establish INSMEN GROUP joint venture platform and investment vehicle

HATCHER GROUP (08365) has announced that the Company intends to (i) invest in Insmen Global Strategic Holding Group Co., Limited ("Insmen Global") together with Insmen Strategic Investment Holdings Limited ("Insmen Strategic"), Aqua Labs Investment LLC ("Aqua Labs"), Cornerstone Information Systems Limited ("Cornerstone Information Systems") and Mr. Pan Yangwen ("Mr. Pan") (collectively, the "Partners"); and (ii) through Insmen Global, jointly establish a joint venture platform, Insmen GROUP (the "JV Platform"), with other international investment institutions. The JV Platform is positioned as a cross-border technology and digital asset investment and operating platform, focusing on (i) the Web3 digital ecosystem, including digital asset infrastructure and branded digital asset operations in Southeast Asia and the Middle East; (ii) investment businesses related to the Hong Kong and U.S. securities markets; and (iii) investment in the artificial intelligence ("AI") industry in Southeast Asia and the Middle East, particularly edge computing power, industrial AI agents, rehabilitation Siasun Robot & Automation and parking Siasun Robot & Automation.