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confidence medium
sentiment neutral
materiality 0.60
XMax Inc. board approves strategic expansion into AI, plans new tech business lines
XMax Inc.
- Will enter AI software/hardware, cloud/GPU compute, AI model orchestration, and enterprise AI agents.
- May raise capital for R&D, partnerships, JVs, or acquisitions in AI and advanced tech.
- Continuing to operate and develop its existing furniture business as a core line.
- Expects AI initiative to create new revenue streams amid challenging furniture market conditions.