Next Technology Holding's Business Segments

Next Technology Holding Inc, incorporated in Wyoming in 2019, initially operated through subsidiaries in the People's Republic of China providing technical services and solutions. In the third quarter of 2024, the company ceased its operations in the PRC to relocate software development services overseas and began acquiring and holding Bitcoin. As of December 31, 2025, the company focuses on two main strategies: AI-enabled software development services and Bitcoin acquisition. It centrally manages key strategic projects and research and development, while subsidiaries in Hong Kong and the British Virgin Islands concentrate on business development. The company maintains its principal office in Japan and is considering further expansion within the Asia-Pacific region. Its software development services target customers in Hong Kong, Singapore, Malaysia, Japan, and other Asian countries, providing customized SaaS and AI solutions that integrate cloud computing, big data analytics, and AI algorithms. Customers include property management chains, cryptocurrency mining operators, and energy and resource businesses, with potential expansion into new media, financial services, transportation, education, and healthcare sectors. The product portfolio comprises AI-driven platforms such as a Smart Cloud Collaboration Platform, AI-enabled data analytics, automated workflow tools, security and compliance assurance, personalized customer relationship management, and AI optimization for supply chain and inventory management. The company employs 28 people, including 16 in research and development. Its Bitcoin acquisition strategy involves utilizing liquid assets and capital raising to purchase Bitcoin for trading purposes, without a fixed target amount, and may include periodic sales for corporate needs.

The Company identifies its reportable operating segments based on the management approach, utilizing the internal organization and reporting structure overseen by the Chief Executive Officer, who serves as the chief operating decision maker (CODM). Management evaluates operating results by revenue, operating expenses, and income from operations across different services, with revenue as the primary measure for resource allocation and performance assessment. Based on this evaluation, the Company has determined it has a single operating segment in accordance with ASC 280. Therefore, the CODM assesses the Company's performance and results of operations on an entity-wide basis.