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3 E Network Announces the Signing of Land Lease Agreement with City of Mikkeli, Finland

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On Jan 12, 2026, 3 E Network (Nasdaq: MASK) said its Finnish subsidiary Aurora Core inked a 30-year,...

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AI Summary

3 E Network's subsidiary secured a 30-year land lease in Finland for an AI data center, moving development from planning to execution. This strategic landmark aligns with their partnership with Orka Technologies and aims to cater to growing AI infrastructure demands, positively impacting future business operations in Europe.

Sentiment Rationale

The secured land lease transforms the project from concept to execution, which can reflect favorably on the stock. Historical precedent shows that successful project development initiatives often drive positive investor sentiment.

Trading Thesis

MASK is positioned for upward momentum based on the strategic land lease in Finland within the next 12 months.

Market-Moving

  • Lease agreement shifts project into active development, likely boosting investor confidence.
  • Strong governmental support could attract favorable financing or partnerships.
  • Partnership with Orka Technologies enhances credibility and operational capability in AI.

Key Facts

  • 3 E Network's subsidiary signed a 30-year land lease in Finland.
  • Lease covers 101,071 square meters for AI data center development.
  • Partnership with Orka Technologies to enhance AI infrastructure.
  • This step moves project from planning to tangible development.
  • Mikkeli site chosen for energy efficiency and strong local support.

Companies Mentioned

  • Orka Technologies Oy (Not publicly available): Partnering with 3 E Network to develop AI infrastructure significantly boosts project legitimacy.

Corporate Developments

This falls under 'Corporate Developments' due to the strategic land lease agreement, signifying a pivotal move that demonstrates 3 E Network's commitment to establishing a foothold in the AI infrastructure market.

3 E Network (NASDAQ: MASK) Secures 30-Year Land Lease in Mikkeli, Finland

3 E Network Technology Group Limited (Nasdaq: MASK) announced today that its Finnish subsidiary, Aurora Core Technology Oy, has finalized a significant 30-year land lease agreement with the City of Mikkeli. This deal encompasses a designated site for an upcoming data center in the Pellosniemi industrial area, spanning approximately 101,071 square meters. This development marks a pivotal step as 3 E Network enhances its position as a leader in artificial intelligence (AI) infrastructure solutions.

Details of the Land Lease Agreement

The land lease agreement, effective immediately, allows Aurora Core to establish a state-of-the-art data center, adhering to local detailed plan regulations. This initiative follows the Master Services Agreement previously signed with Orka Technologies Oy, which aims to co-develop AI infrastructure.

  • Lease term: 30 years
  • Total area: 101,071 square meters
  • Location: Pellosniemi industrial area, Mikkeli, Finland

This agreement not only provides a solid foundation for operations but also transitions the AI Data Center project from the planning stage to actual development.

Strategic Significance for 3 E Network

According to Dr. Tingjun Yang, CEO of 3 E Network, this land lease is a vital component for the company’s long-term strategy in the European market. The Mikkeli site was chosen for its robust power infrastructure and favorable conditions for energy-efficient cooling, both crucial for meeting the demands of next-generation AI applications.

Dr. Yang emphasized, “Securing this site reflects our commitment to building a sustainable future in AI infrastructure, showcasing our vision to harness advanced technologies in the European landscape.”

Background on 3 E Network Technology Group Limited

3 E Network is a B2B IT solutions provider focused on becoming a next-generation AI infrastructure leader. The company operates primarily in two portfolios: data center operation services and software development, committed to the principle of “AI and energy symbiosis.” With this land lease in Mikkeli, 3 E Network reinforces its strategic vision to position itself at the forefront of AI advancements.

To learn more about the company and its initiatives, visit their official website.

Forward-Looking Statements

This announcement contains forward-looking statements, which involve known and unknown risks and uncertainties. The company's expectations regarding financial condition, operational results, and strategic plans may differ from actual outcomes. Investors are encouraged to consider various factors that could impact future results as detailed in the company's filings with the U.S. Securities and Exchange Commission.

Contact Information

For further inquiries, please reach out to:

Email: ird@3emask.com

Website: 3emask.com

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