Wang & Lee Group, Inc. (NASDAQ: WLGS) ANNOUNCES US$100 MILLION SALES AGREEMENT WITH LANDOWNERS FOR CRYPTO MINING

Hong Kong, March 04, 2025 (GLOBE NEWSWIRE) -- Wang & Lee Group, Inc. (NASDAQ: WLGS), a trailblazer in sustainable energy and blockchain-integrated solutions, today announced a landmark collaboration with Sino Wealth Limited and a consortium of Hong Kong landowners to establish Hong Kong’s first solar-powered crypto battery farm. Spanning seven land plots, this US$100 million revenue project (and the landowners have paid US$1 million as a non-refundable deposit) merges renewable energy and crypto-mining innovation through Wang & Lee’s proprietary ecosystem. This pioneering project taps into Hong Kong’s underutilized solar resources, leveraging average annual solar irradiance of 3.8–4.2 kWh/m²/day—comparable to regions like Japan (3.5–4.0 kWh/m²/day) and exceeding solar leaders Germany (2.8–3.2 kWh/m²/day).