Newly formed entity "SuperX Digital Power" will integrate the strengths of both companies to deliver advanced High-Voltage Direct Current (HVDC) solutions to the global market (excluding Mainland China, Hong Kong, and Macau), directly addressing the high energy consumption of AI computing with a next-generation, high-efficiency, low-cost power architecture.

SINGAPORE, Sept. 15, 2025 /PRNewswire/ -- Super X AI Technology Limited (NASDAQ:SUPX) ("the Company" or "SuperX") an AI infrastructure solutions provider, today announced that its wholly-owned subsidiary, SuperX AI Solution Limited, a company incorporated in the British Virgin Islands, has entered into a joint venture agreement with Enervell Power Pte. Ltd., a Singapore subsidiary of Hangzhou Zhonhen Electric Co., Ltd., (Shenzhen Stock Exchange: 002364) ("Zhonhen Electric") and certain affiliates, related parties and designees of Zhonhen Electric, to establish a joint venture through a new entity incorporated in Singapore, SuperX Digital Power Pte. Ltd. Zhonhen Electric is one of the established providers in China's digital power industry.

This strategic partnership marks a critical vertical integration for SuperX, extending its capabilities from AI compute infrastructure to core power technology. The joint venture is designed to solve one of the most pressing challenges of the AI era: exponential growth in energy consumption. It will combine Zhonhen Electric's HVDC technology that is proven in large-scale AI Data Center (AIDC) deployments with SuperX's global brand and AIDC expertise to offer customers a superior, end-to-end "Compute + Power" integrated solution.