Elong Power Holding Limited (NASDAQ: ELPW) Announces Subsidiary’s Entry into a US$25.5 Million Annual Cooperation Agreement, Marking a Critical Step Forward in Its Global Distribution Expansion

Elong Power Holding Limited announced that its subsidiary Elong Hong Kong has signed a US$25.5 million one-year omnichannel cooperation agreement for distributing smart consumer electronic products. The company completed delivery of the first batch of goods worth US$0.84 million, demonstrating execution capacity following its asset-light strategic transformation. The partnership leverages Hong Kong as an international trade hub to expand the company's energy storage business globally.