Ebang International Announces Acquisition of Inner Mongolia Industrial Land for Amorphous and Nanocrystalline New Materials Project

Ebang International Holdings Inc. announced it has successfully acquired industrial land in Inner Mongolia, China to construct production facilities for high-efficiency amorphous and nanocrystalline new materials. The project aims to serve the renewable energy sector, including high-efficiency transformers, solid-state transformers, and new energy motors, while leveraging the region's wind and photovoltaic resources. The company is diversifying beyond blockchain and fintech into green energy materials as part of its strategic expansion.