-
Sciver-Brunt fit for England's T20 World Cup semi-final
-
Bordeaux-Begles handed favourable draw in Champions Cup defence
-
Key challenges for Laporta in second Barca term
-
'Thought they'd never be caught': The strike that killed Iran's Khamenei
-
Canada to join Eurovision Song Contest
-
Djokovic, Sinner hope for easier ride after Wimbledon scares
-
Swedish court orders Google pay $1.46 bn for favouring its price comparisons
-
Injured Serena's Wimbledon doubles bid with sister Venus in doubt
-
German FA headquarters searched in Euro 2024 graft probe
-
European stocks mostly drop with eyes on US Fed
-
Village People singer Victor Willis dies at 74
-
Genesio replaces Beye as Marseille boss
-
Thousands rush to get tickets for Bayeux Tapestry's UK show
-
Catholic society defies Vatican again by ordaining new bishops
-
Chinese firm sells hyper-real, 'always loyal' humanoid robots
-
Breakaway Catholic society defies Vatican again by ordaining bishops
-
World's oceans break June heat record: EU monitor
-
Venezuelans search, suffer one week after deadly quakes
-
China imposes 'national security' rules on overseas investments
-
Asian stocks mostly up as traders eye crucial US jobs data
-
'Nothing left except death': Myanmar families grieve huge war toll
-
Ronaldo and Modric struggle to defy Father Time at World Cup
-
England face DR Congo hurdle, USA prepare for World Cup moment in spotlight
-
The secret lives of Ukraine's deep-strike drone team
-
Myanmar mourns as post-coup conflict death toll hits 100,000
-
NATO project tests perennial grass to clean Ukraine's war-hit soil
-
Vietnam unveils 'baby bonus' after scrapping two-child policy
-
Duffy returns for New Zealand against West Indies
-
Majestic Olise raises France to another level at World Cup
-
Mbappe dazzles as France march on at World Cup; Norway, Mexico advance
-
Mexico see off Ecuador to break 40-year World Cup curse
-
US govt lifts restrictions on powerful AI models, Anthropic says
-
'My dream is broken': Japan visa rules push out foreign residents
-
Trump earned over $1 bn from crypto ventures in 2025
-
Indian sailors fear returning to Gulf after Middle East war
-
The Afghan women farmers keeping their village alive
-
Fear and anger brew inside Meta amid AI frenzy
-
Asian stocks fluctuate as traders eye crucial US jobs data
-
After 250 years, the 'American dream' is tarnished but alive
-
Madison Square Garden: from Nazis to Knicks, and now... Taylor's wedding?
-
'I'm going to stay calm': 48 hours under the rubble in Venezuela
-
'Love it': Wimbledon's military stewards tradition turns 80
-
Breakaway Catholic sect defies Vatican again by ordaining bishops
-
Venezuela quake survivors cherish kindness of strangers
-
Mexico v Ecuador World Cup game delayed by one hour: FIFA
-
US deports first migrant to Pacific nation Palau
-
Talks in Qatar after US-Iran deal: What we know
-
Potter admits Sweden couldn't live with France in World Cup defeat
-
Germany's ePA Rollout Puts Europe's Health-Data Supply Chain to the Test, Black Book Provider Pulse Finds
-
Florida's Wildlife Corridor Is Turning Five! Live Wildly Celebrates with a New Interactive Map Showing How Greater Conservation Inside the Corridor Can Bring Billions in Benefits
SSHT Announces Shareholder Plan to Acquire 10 Million Shares and Completes 220% Smart Production Capacity Expansion
NEW YORK, NY / ACCESS Newswire / November 7, 2025 / SSHT S&T Group Ltd. ("SSHT" or the "Company") today announced that its major shareholders have formally initiated a plan to acquire no fewer than 10,000,000 ordinary shares, while also confirming the completion of a systematic automation upgrade and capacity expansion of its core wireless data device manufacturing line. With a 2.2x increase in time-unit production capacity, this dual action across capital and production fronts marks a critical stage in the Company's journey toward global expansion, operational optimization, and capital value realization.
1. Shareholders Initiate Acquisition Plan via Non-Public Trade System to Strengthen Equity Stability
SSHT confirms that its primary shareholders have initiated a plan to acquire no fewer than 10,000,000 ordinary shares with the aim of enhancing equity structure stability and long -term alignment. Given recent heightened trading activity in the Company's secondary market, the acquisition will be executed through a compliant nonpublic institutional trade matching system (i.e., dark pool mechanism) to avoid potential price fluctuations and ensure stable and compliant execution without impacting public market liquidity. This acquisition plan demonstrates shareholders' continued confidence in the Company's global expansion roadmap, smart manufacturing upgrades, and long-term value potential in capital markets.
"This acquisition is a proactive response to the Company's strategic cycle and pace of global ecosystem development. If capacity expansion accelerates our operational front, then shareholder accumulation reflects our deepening confidence."
- Jianguo Geng, Chief Executive Officer, SSHT
2. Core Smart Production Line Expansion Completed, 2.2x Capacity Boost Enables Global Fulfillment
The Company also confirms the successful automation upgrade and capacity enhancement of its smart production line for wireless data devices, featuring:
2.2x increase in production output per time unit
Deployment of advanced automation equipment enabling multi-protocol hardware customization
Active fulfillment across major markets in North America, Southeast Asia, and Greater China
This expansion positions the Company to fully activate its "scale economy + technology premium" growth model, while strengthening its delivery capability and competitive advantage across cross-border IoT infrastructure, smart manufacturing, and industrial data applications.
Safe Harbor Statement
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements, based on current information and assumptions, involve risks and uncertainties and relate to the Company's future performance, market expansion plans, and strategic initiatives. Actual results may differ materially. Except as required by law, the Company assumes no obligation to update or revise forward-looking statements.
About SSHT S&T Group Ltd.
SSHT S&T Group Ltd. (formerly Wireless Data Solutions, Inc.) is an innovation-driven company focused on the convergence of wireless communication technologies and capital market strategy. Through its subsidiaries in the British Virgin Islands and China, the Company provides a wide range of services including capital market research, cross-border data-enabled hardware manufacturing, eSIM technology products, financial advisory, IPO support, and M&A consulting. SSHT is building a global business ecosystem centered on "technology connectivity + capital empowerment."
Investor Relations Contact
Investor Relations Department | SSHT S&T Group Ltd.
Email: [email protected]
Phone: +61 424 568 901
Contact: Jianguo Geng (Chief Executive Officer)
SOURCE: SSHT S&T Group Ltd
View the original press release on ACCESS Newswire
D.Lopez--AT