Zhi Sheng Group in talks to buy data center firm controlled by executive director Lai

• Zhi Sheng Group is in talks with executive director and substantial shareholder Lai Ningning on a potential acquisition of a company he controls.
• Target has received a non-binding indication of interest from a Chinese e-commerce group for data center services totaling 60 MW in Gu’an County, Hebei.
• First 30 MW of processing capacity would need to be delivered by end-January 2027.
• Target has identified land in Gu’an County as a potential site for building a data center to support the proposed service.
• No definitive agreement has been signed and material terms remain under discussion.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Zhi Sheng Group Holdings Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260422-12116452), on April 22, 2026, and is solely responsible for the information contained therein.