STRATEGIC INVESTMENT IN THE GLOBAL ARTIFICIAL INTELLIGENCE SECTOR

29 Nov 2024
This announcement is made by Central Wealth Group Holdings Limited (the “Company”,together with its subsidiaries as the “Group”) on voluntary basis to keep the shareholders (the“Shareholders”) and potential investors informed about the business development of the Group.
 
The Group announces that the board of directors of the Company has approved a strategic investment plan in the global artificial intelligence (AI) sector. This initiative highlights the efforts of the Directors of the Company in actively seeking opportunities for business expansion and their focus on the future potential of AI and technology-related sectors. The Group intends to focus future investments on shares in the relevant sectors, which may include but not limited to investments in shares of leading global AI companies such as NVIDIA, Tesla, and META.
 
The Directors of the Company firmly believe that investments in the AI sector will inject new growth momentum into the Group’s business and create long-term value for Shareholders. The Group is considering the establishment of a dedicated investment division to identify potential investment opportunities and to invest in leading companies of the relevant sectors. By leveraging the unique competitive advantages of these companies in the industry, the Group believes it can generate stable returns for Shareholders more quickly. Additionally, through investments in a diversified portfolio, the Group plans to adopt appropriate quantitative trading and hedging strategies to maximize returns and control investment risks.
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