-
Australian PM seeks removal of UK's Andrew from line of succession
-
Carrick hails 'ruthless' Man Utd match-winner Sesko
-
N.Korea leader's sister promoted at party congress
-
The key to taking down Mexico's most-wanted narco? His girlfriend
-
Winter storm blankets US northeast as travel bans imposed
-
Super-sub Sesko fires Man Utd to win at Everton
-
YouTube exec says goal was viewer value not addiction
-
Panama wrests control of canal ports from Hong Kong group
-
Trump denies top US officer warned of Iran strike risks
-
Mayweather to fight Pacquiao in Las Vegas in September
-
US stocks tumble on tariff fog, worries over AI
-
US says China 'massively expanded' nuclear arsenal
-
US forces to complete withdrawal from Syria within a month
-
US winter storm brings rare hush to snowy New York
-
George adamant Six Nations losses don't make England 'a bad team overnight'
-
US Supreme Court to hear bid to block climate change suits
-
Canada summons OpenAI over failure to report mass shooter
-
From Odesa to Bakhmut, revisiting a Ukrainian family torn by war
-
Vonn says Olympic injury could have led to amputation
-
UK police arrest ex-envoy Peter Mandelson in Epstein case
-
Trump either a 'traitor' or 'exceptional', Nobel-winner Walesa tells AFP
-
Son of director Rob Reiner pleads not guilty to parents' murder
-
Panama takes control of canal ports from CK Hutchison
-
Risk of 'escalation' if Iran attacked: deputy foreign minister
-
West Indies thrash Zimbabwe at T20 World Cup after piling up 254-6
-
US forces to complete withdrawal from Syria within a month: sources to AFP
-
Snowstorm blankets US northeast as New York sees travel ban
-
Healthcare crisis looms over Greenland's isolated villages
-
Hodgkinson says breaking 800m record would put her among athletics' greatest
-
Two Russian security personnel were on board France-seized tanker: sources
-
EU puts US trade deal on ice after Supreme Court ruling
-
Hetmyer blasts 85 as West Indies pile up 254-6 against Zimbabwe
-
Canada PM heads to Asia seeking new trade partners as US ties fray
-
South Africa accepts Trump's new US ambassador
-
Iraq's Maliki defends PM candidacy, seeks to reassure US
-
UEFA suspend Benfica's Prestianni after alleged racist abuse
-
Jetten sworn in as youngest-ever Dutch PM
-
Italy's Enel to invest 20bn euros in renewables by 2028
-
BBC apologises for 'involuntary' Tourette's racial slur during BAFTA awards
-
Kristen Bell returns to host glitzy Actor Awards in Hollywood
-
Iran says would respond 'ferociously' to any US attack
-
Venezuelan foreign minister demands 'immediate release' of Maduro
-
Dane Vingegaard to start season at Paris-Nice in March
-
Australia PM backs removing UK's Andrew from line of succession
-
Where do Ukraine and Russia stand after four years of war?
-
Police investigating racist abuse of Premier League quartet
-
Fiji to start Nations Championship at 'home' to Wales in Cardiff
-
EU lawmakers to put US trade deal on hold after Supreme Court ruling
-
Rubio to attend Caribbean summit as US presses Venezuela, Cuba
-
'Ugly' England aim to spin their way to T20 World Cup semi-finals
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
Ch.Kahalev--AMWN