Tritech Group Announces Strategic Partnership with Shenzhen Fangzhi Science and Technology Co., Ltd

Key Highlights

• Tritech Group Limited has entered into a strategic cooperation agreement with Shenzhen Fangzhi Science and Technology Co., Ltd (“Fangzhi”), a Shenzhen-listed company specializing in artificial intelligence (AI) technologies for the education sector.
• Tritech Network Pte Ltd, a wholly-owned subsidiary of Tritech Group, has been appointed as the regional distribution partner with non-exclusive rights to distribute Fangzhi’s AI-powered education solutions in Singapore and the ASEAN region for a period of two years.
• The agreement opens a new business vertical for Tritech, allowing the Group to tap into the rapidly growing AI-driven education market in Southeast Asia.
• The collaboration covers distribution of software, equipment, and platform solutions targeting educational institutions, enterprises, and government-linked initiatives across the region.

Details of the Strategic Cooperation

Under the agreement signed on 19 March 2026, Tritech Group will distribute Fangzhi’s suite of AI-powered education technologies. Fangzhi’s portfolio includes smart learning platforms, intelligent teaching tools, and data-driven educational systems—areas expected to see strong demand as digital transformation in education accelerates across ASEAN.

The partnership aligns with Tritech’s strategy to seek new revenue streams and diversify its business activities. The Group explicitly states the collaboration is an opportunity to provide advanced AI solutions to a wide range of customers, including schools, universities, corporates, and government-backed programs.

Potential Joint Venture in Singapore

Importantly for shareholders, Tritech and Fangzhi have agreed to explore the potential establishment of a joint venture in Singapore, subject to a successful rollout of the distribution business. The terms and structure of this proposed joint venture will be subject to further negotiation and, if agreed upon, will be set out in a definitive agreement at a later stage. The Company cautions that there is no certainty that the joint venture will materialize.

This is a potentially price-sensitive development, as a successful joint venture could significantly expand Tritech’s footprint in the AI education technology market and may create new value for shareholders.

Financial Impact and Shareholder Information

• The agreement is not expected to have a material impact on the net tangible assets per share or earnings per share for the current financial year ending 31 March 2026.
• There are no interests (direct or indirect) held by any director or controlling shareholder in this transaction, apart from their shareholdings or directorships in the Company.
• The Company will make further announcements as and when there are material developments regarding the strategic partnership or the proposed joint venture. Shareholders are strongly advised to monitor future announcements, as subsequent developments could materially affect the business outlook and share price.
• Investors and shareholders are advised to exercise caution when dealing in the Company’s securities and to seek independent professional advice if in doubt.

Regulatory Review

The announcement has been reviewed by the Company’s sponsor, UOB Kay Hian Private Limited. However, it has not been examined or approved by the Singapore Exchange Securities Trading Limited (SGX-ST), which assumes no responsibility for the contents of the announcement.

Conclusion

This agreement marks a strategic step for Tritech Group to diversify into the AI-driven education technology sector through a partnership with a reputable, publicly listed Chinese tech company. The potential joint venture in Singapore, if realized, could represent a significant milestone and value catalyst for Tritech shareholders.

Disclaimer: This article is for informational purposes only and does not constitute investment advice. Shareholders and potential investors should read all company announcements and consult their financial advisors before making investment decisions. The Company has stated that there is no certainty that the proposed joint venture will proceed, and the current agreement is not expected to materially affect financial performance for the year ending 31 March 2026.

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