XMax Inc.XWIN

XMax subsidiaries provide AI infrastructure and MaaS including AI agents.

“On April 1, 2026, the Company incorporate XMax AI, Inc. in Nevada (“XMax AI”). On June 4, 2026, the Company incorporate Elonx AI Holdings PTE. LTD in Singapore (“Elonx AI”). Both subsidiaries’ primary business is the provision of enterprise AI infrastructure and Model-as-a-Service (MaaS) solutions, enabling businesses to integrate large language model capabilities into their core operations through cloud-based inference APIs. Their services include enterprise AI APIs, technical support, and AI infrastructure for applications such as intelligent customer service, knowledge management, workflow automation, AI agents, long-context retrieval-augmented generation (RAG), AI coding assistants, multimodal content generation, and AI-powered research and search. Revenues are generated based on customers’ actual compute usage, and the Company does not engage in token trading, exchange, or market-making activities.”

XMax plans expansion into AI software, infrastructure, and enterprise AI agent deployment.

“In March 2026, the Board of Directors of the Company approved a strategic expansion into artificial intelligence (“AI”) while continuing to operate and develop its existing furniture business. The initiative is designed to diversify revenue streams and position the Company for long-term growth amid challenging conditions in the furniture market. Under the new strategy, the Company plans to enter several high-growth AI segments, including AI software and hardware development, cloud and GPU compute infrastructure, AI model access and orchestration, and enterprise-focused AI agent deployment. The Company expects these initiatives to create new technology-driven business lines with scalable commercial potential. To support the expansion, the Company may raise capital for research and development, strategic partnerships, joint ventures, or acquisitions in AI and advanced technology sectors. The Company will continue strengthening its core furniture operations as one of its principal business lines. Pending deployment of capital into specific projects, the Company may also manage its capital through prudent investment strategies designed to enhance overall capital efficiency and support long-term shareholder value.”

XMax subsidiaries provide AI infrastructure and MaaS including AI agents.

“On April 1, 2026, the Company incorporated XMax AI Inc. in the State of Nevada. On June 4, 2026, the Company incorporate Elonx AI Holdings PTE. LTD in Singapore (“Elonx AI”). Both subsidiaries’ primary business is the provision of enterprise AI infrastructure and Model-as-a-Service (MaaS) solutions, enabling businesses to integrate large language model capabilities into their core operations through cloud-based inference APIs. Their services include enterprise AI APIs, technical support, and AI infrastructure for applications such as intelligent customer service, knowledge management, workflow automation, AI agents, long-context retrieval-augmented generation (RAG), AI coding assistants, multimodal content generation, and AI-powered research and search. Revenues are generated based on customers’ actual compute usage, and the Company does not engage in token trading, exchange, or market-making activities.”

XMax plans to expand into AI software, hardware, infrastructure and enterprise AI agent deployment.

“In March 2026, the Board of Directors of the Company approved a strategic expansion into artificial intelligence (“AI”) while continuing to operate and develop its existing furniture business. The initiative is designed to diversify revenue streams and position the Company for long-term growth amid challenging conditions in the furniture market. Under the new strategy, the Company plans to enter several high-growth AI segments, including AI software and hardware development, cloud and GPU compute infrastructure, AI model access and orchestration, and enterprise-focused AI agent deployment. The Company expects these initiatives to create new technology-driven business lines with scalable commercial potential. To support the expansion, the Company may raise capital for research and development, strategic partnerships, joint ventures, or acquisitions in AI and advanced technology sectors. The Company will continue strengthening its core furniture operations as one of its principal business lines. Pending deployment of capital into specific projects, the Company may also manage its capital through prudent investment strategies designed to enhance overall capital efficiency and support long-term shareholder value.”

XMax plans expansion into AI segments including enterprise-focused AI agent deployment and formed XMax AI Inc.

“In March 2026, the Board of Directors of the Company approved a strategic expansion into artificial intelligence (“AI”) while continuing to operate and develop its existing furniture business. The initiative is designed to diversify revenue streams and position the Company for long-term growth amid challenging conditions in the furniture market. Under the new strategy, the Company plans to enter several high-growth AI segments, including AI software and hardware development, cloud and GPU compute infrastructure, AI model access and orchestration, and enterprise-focused AI agent deployment. The Company expects these initiatives to create new technology-driven business lines with scalable commercial potential. To support the expansion, the Company may raise capital for research and development, strategic partnerships, joint ventures, or acquisitions in AI and advanced technology sectors. The Company will continue strengthening its core furniture operations as one of its principal business lines. Pending deployment of capital into specific projects, the Company may also manage its capital through prudent investment strategies designed to enhance overall capital efficiency and support long-term shareholder value. On April 1, 2026, the Company incorporated XMax AI Inc. in the State of Nevada. On April 6, 2026, XMax AI Inc. (“ XMax AI ”) entered into an AI Inference Platform Deployment and Service Agreement (the “ Agreement ”) with Cloud Alliance Inc. (the “ Service Provider ”), ef”

XMax states its planned AI agent deployment and other AI investments carry significant risks and uncertainties.

“Our planned investments and expansion into AI software and hardware development, cloud and GPU computing infrastructure, AI model access and orchestration, and enterprise-focused AI agent deployment involve significant risks and uncertainties that could adversely affect our business, financial condition, results of operations, and cash flows.”

XMax highlights risks in building AI capabilities including deploying enterprise-grade AI agents.

“We intend to allocate substantial capital and management attention to building and operating AI capabilities, including developing and acquiring AI software and hardware, securing and managing cloud and GPU compute infrastructure, enabling access to and orchestration of third-party and proprietary AI models, and deploying enterprise-grade AI agents. These initiatives are nascent, rapidly evolving, and highly competitive, and their success depends on factors within and outside our control. Among other things, we may not achieve anticipated adoption, performance, or cost profiles; our offerings may fail to meet customer expectations or regulatory requirements; and we may be unable to scale reliably or economically.”

XMax plans to enter AI segments including enterprise-focused AI agent deployment for new business lines.

“Under the new strategy, the Company plans to enter several high-growth AI segments, including AI software and hardware development, cloud and GPU compute infrastructure, AI model access and orchestration, and enterprise-focused AI agent deployment. The Company expects these initiatives to create new technology-driven business lines with scalable commercial potential.”

XMax plans to enter AI segments including enterprise-focused AI agent deployment.

“Under the new strategy, XMax plans to enter several high-growth AI segments, including AI software and hardware development, cloud and GPU compute infrastructure, AI model access and orchestration, and enterprise-focused AI agent deployment. The Company expects these initiatives to create new technology-driven business lines with scalable commercial potential.”