Welcome to our dedicated page for WANG & LEE GROUP news (Ticker: WLGS), a resource for investors and traders seeking the latest updates and insights on WANG & LEE GROUP stock.
WANG & LEE Group Inc (WLGS) delivers essential infrastructure engineering services through its subsidiary WLHK, specializing in electrical systems, fire safety installations, and sustainable energy solutions. This news hub provides investors and industry professionals with timely updates on the company’s contract awards, operational milestones, and strategic initiatives.
Access authoritative updates on WLGS’s core activities including mechanical ventilation projects, water management systems, and clean energy integrations. Our curated collection features earnings announcements, partnership developments, and technology adoption news directly impacting the company’s position in the infrastructure sector.
Key updates include:
• Project Commissionings: Major infrastructure installations and system deployments
• Strategic Acquisitions: Expansions in sustainable engineering capabilities
• Regulatory Compliance: Updates on safety standards and certifications
• Technology Integrations: Smart systems and energy-efficient solutions
Bookmark this page for streamlined access to WLGS’s latest developments in contract engineering and infrastructure innovation. Monitor how the company balances traditional expertise with emerging sustainability requirements through verified operational updates.
TROOPS (NASDAQ: TROO) has received the initial portion of a strategic investment exceeding $10 million from Wang & Lee Group (NASDAQ: WLGS), expected to complete by mid-April 2025. The investment, announced on March 31, 2025, aims to integrate AI, IoT, and blockchain technologies across TROOPS' portfolio.
The partnership focuses on three key areas:
- AI-driven advertising platforms for tenant engagement
- IoT smart home devices for energy efficiency and security
- Blockchain ESG rewards system for sustainable practices
The strategic roadmap includes scaling IoT and AI systems across up to 200 buildings, developing ESG token partnerships, and integrating renewable energy solutions through Wang & Lee's Solar (HK) acquisition. This collaboration aims to enhance asset value and tenant retention while strengthening TROOPS' liquidity position.
WANG & LEE GROUP (NASDAQ: WLGS) has completed its acquisition of Solar (HK) (SolarHK), previously announced on March 3, 2025. This strategic move combines SolarHK's solar photovoltaic expertise with WLGS's lithium-ion battery technology to provide comprehensive renewable energy solutions across Hong Kong.
SolarHK brings a network of over 50 locations and notable projects including installations at Tsing Yi Shipyard, Quon Hing Concrete Manufacturer, and In n Out Storage Aberdeen. The merged entity will integrate SolarHK's solar infrastructure with WLGS's battery storage systems and AI-driven smart energy management through their partnership with Linko Smart Technology.
The acquisition aims to strengthen WLGS's position in delivering end-to-end sustainable energy systems for commercial, industrial, and residential sectors, supporting Hong Kong's 2050 Carbon Neutrality Strategy. The company plans to immediately expand service offerings with next-generation energy storage systems and smart grid solutions.
Wang and Lee Group (NASDAQ: WLGS) has announced a strategic investment in TROOPS (NASDAQ: TROO), aiming to integrate AI-driven advertising media, smart home devices, and blockchain-powered token rewards across TROOPS' potential 200-building portfolio.
The partnership focuses on three key initiatives:
- Implementing AI-powered advertising media for targeted content delivery
- Installing IoT-enabled smart home devices for enhanced efficiency and security
- Developing an ESG-aligned token rewards ecosystem where users can earn tokens redeemable for financial benefits
The tokens can be exchanged for various benefits, including EV insurance premium discounts, reduced loan interest rates, and LED lights. CEO Mr. Ho emphasized this investment as transformative for building smarter, sustainable communities. The deal remains subject to customary closing conditions and regulatory approvals.
Wang & Lee Group (NASDAQ: WLGS) has successfully completed Hong Kong's first locally developed smart flooring system that converts footsteps into electricity. The project, developed with City University of Hong Kong, has been installed in the Hang Seng Bank Headquarters Building's high-traffic corridor.
The innovative system uses piezoelectric and electromagnetic technologies to capture kinetic energy from pedestrian movement, storing it in batteries to power lighting, digital signage, and other low-voltage applications. This achievement represents a significant advancement in sustainable infrastructure and clean energy technology.
Following this success, WLGS plans to expand the deployment of similar systems across Hong Kong's transportation hubs, commercial complexes, and public spaces. The company is also accelerating R&D in complementary technologies, including solar-integrated pavements and AI-driven energy management systems.
Wang and Lee Group (NASDAQ: WLGS) has announced that CEO Joe Ho and NQ Marble Director Kim Cheng will conduct an onsite inspection of their Australian marble quarry within 10 days. This visit follows the company's recently secured US$71 million contract and aims to evaluate operational readiness and integration plans for dual revenue streams.
The project combines high-quality marble extraction for global construction markets with solar battery crypto mining operations. This innovative approach aligns with the company's ESG leadership goals and sustainable infrastructure strategy.
The initiative focuses on converting mining byproducts into renewable energy sources, aiming to reduce waste and carbon emissions while creating scalable clean energy solutions. CEO Ho expressed optimism about Bitcoin potentially reaching US$100,000 and above, while Director Cheng emphasized the importance of eco-conscious resource management and meeting global demand for sustainable building materials.
Wang & Lee Group (NASDAQ: WLGS) has announced a $12.0 million registered direct offering, pricing 3,529,400 ordinary shares at $3.40 per share. The offering includes Series A warrants to purchase up to 3,529,400 ordinary shares at $3.40 per share, with an alternative exercise option at $0.0001 for 0.5 times the shares. Additionally, Series B warrants are being issued with a $0.0001 exercise price, subject to a $0.95 floor price.
The Series A warrants will be exercisable immediately with a five-year term, while Series B warrants become exercisable three days after issuance. Maxim Group serves as the sole placement agent. The offering is expected to close around March 24, 2025, subject to customary conditions.
Wang & Lee Group (NASDAQ: WLGS) has announced a strategic partnership with HK Golden and Linko Smart Technology to create an innovative media monetization system for smart homes. The collaboration, announced on March 18, 2025, integrates ad-driven content into Linko's AI-powered smart home devices.
Users will earn blockchain tokens for engaging with HKGolden's ads and sponsored content through Linko's smart devices. These tokens can be redeemed for device upgrades, premium subscriptions, or cash. HKGolden will serve as the exclusive media content collaborator, using AI to customize advertising content for users.
A portion of the advertising revenue will be directed towards W&L's solar crypto-mines, creating a connection between user engagement and renewable energy growth. The partnership aims to combine sustainability, technology, and consumer rewards in a unified ecosystem.
Wang & Lee Group (NASDAQ: WLGS) has announced an exclusive partnership with Linko Smart Technology to develop AI-driven smart home ecosystems. The collaboration integrates WLGS's blockchain technology and solar energy systems with Linko's AI smart home devices.
Key aspects of the partnership include:
- Integration of blockchain rewards and energy efficiency systems, where saved energy is diverted to WLGS's solar crypto-mines
- Exclusive media content integration rights for WLGS, with a 70/30 revenue split favoring WLGS
- Token reward system for users based on energy savings and content engagement
The partnership aims to create a self-sufficient IoT ecosystem where users can earn tokens through energy savings and media engagement, redeemable for device upgrades, subscriptions, or cash. The collaboration focuses on reducing household energy waste through AI-driven automation while expanding renewable energy access.
Wang & Lee Group (NASDAQ: WLGS) has announced the acquisition of Solar (HK) for HK$15 million, to be paid through a convertible promissory note. The acquisition aims to enhance WLGS's renewable energy and crypto mining initiatives.
SolarHK, established in 2019, brings expertise from over 50 completed projects in Hong Kong's New Territories, including Yuen Long, Tai Po, Tuen Mun, and Fanling. The merger will support WLGS's US$100 million flagship project to implement hybrid solar-battery systems for crypto mining operations in Hong Kong.
The strategic acquisition will also strengthen WLGS's US$71 million Queensland project with NQ Marble Pty , focusing on solar battery-powered crypto mining. The company plans to combine SolarHK's regional network with its lithium-ion battery technology, developed in partnership with City University of Hong Kong, to create sustainable blockchain infrastructure.
Wang & Lee Group (NASDAQ: WLGS) has announced plans to distribute a cryptocurrency dividend to shareholders, contingent upon achieving profitability and having retained earnings according to audited financial statements. The innovative dividend strategy, disclosed on March 4, 2025, aims to leverage blockchain technology to protect shareholder interests.
The crypto dividend initiative serves two main purposes:
- Exposing naked short selling activities by forcing short sellers to cover their positions
- Identifying counterfeit shares through blockchain's immutable record-keeping capabilities
The specific details, including the cryptocurrency type, record date, distribution mechanism, and timing, will be announced at a future date. The company is collaborating with blockchain and fintech partners to ensure a compliant distribution process.
