Announcement of joint venture between INTEK and XZT Intelligent.

As part of the on-going efforts to streamline operations and optimize cost and resources allocations, both management team of Intek Technologies and XZT Intelligent have made the following strategic decision will effect Q1/2026:
1. Integration of R&D team from XZT Intelligent to Intek Technologies.
2. This consolidation will enhance our capabilities, ensure better alignment of development initiatives and strengthen our partnerships with end customers.
3. Moving forward, XZT Intelligent will focus primarily on manufacturing activities, while all R&D related functions and responsibilities will be managed by Intek Technologies.
We trust this transition will be seamless and beneficial to all parties. Thank you for your continued support and partnership