3 E Network Announces the Signing of an Approximately $5.0 Million Core Storage Hardware Sales Contract
Key Highlights
- ➤$5.0 million hardware sales contract signed with a major enterprise client
- ➤Order includes enterprise memory modules and data center storage controllers
- ➤Expected positive operating cash flow to support AI infrastructure and chip R&D
- ➤Mikkeli AI compute center procurement process officially commences
- ➤9 MVA European AI compute center recently began comprehensive hardware evaluation
Expert Statements
Dr. Tingjun Yang, Chief Executive Officer of 3 E Network
“The signing of this sales contract, valued at approximately $5.0 million, demonstrates the Company’s ability to meet the large-scale IT hardware needs of enterprise clients. It also reflects our supply chain team’s achievements in developing a global sourcing and fulfillment network.”
Dr. Tingjun Yang, Chief Executive Officer of 3 E Network
“Facing robust demand for compute infrastructure, 3 E Network maintains a pragmatic growth strategy. The regular hardware trade business generates steady operating cash flow, providing vital non-dilutive financial support for our European AI compute center layout and proprietary AI chip R&D. Moving forward, we will continue to deepen our ‘dual-wheel drive’ strategy, ensuring steady growth in our existing IT supply chain business while solidly advancing our commercialization process in the AI compute infrastructure market.”
HONG KONG, Oct. 21, 2026 (GLOBE NEWSWIRE) -- 3 E Network Technology Group Limited (Nasdaq: MASK) (the “Company” or “3 E Network”), a business-to-business (“B2B”) information technology (“IT”) business solutions provider committed to becoming a next-generation artificial intelligence (“AI”) infrastructure solutions provider, today announced that its wholly-owned subsidiary, 3e Network Technology Company Limited (HK), has entered into a hardware sales agreement with a major enterprise client. Under the terms of the agreement, the Company will supply the client with core storage components, primarily including enterprise-grade memory modules and data center-grade storage controllers, valued at approximately $5.0 million.
Expanding Hardware Delivery Scale, Demonstrating Supply Chain Fulfillment Capabilities
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