TJGC Group Limited Appoints Electronics Manufacturing Veteran Kalvin Kwok as Executive Director of Subsidiary to Lead Strategic Expansion into AI Hardware Components

TJGC launches Tongjiang’s AI-focused hardware components business, tying 49% of its economic interest to a performance-based equity grant for its new executive director.

Rhea-AI Summary

TJGC Group Limited (TJGC) appointed electronics manufacturing veteran Kalvin Kwok as executive director of wholly owned subsidiary Tongjiang Group Limited, effective September 16, 2026.

The move launches Tongjiang’s new business in sourcing, trading and assembly of high-performance PC and data-center components such as DRAM, SSDs, CPUs and integrated circuits, targeting growing AI and data-center hardware demand. Kwok contributes over 30 years of factory setup and optimization experience across Asia and serves as chief consultant to a Korean electronics manufacturer.

Under a performance-based Agreement, TJGC will transfer 49% of Tongjiang’s share capital to Kwok for nil consideration after the first binding purchase order, with dividend-only, non-voting rights, while TJGC retains full control over the subsidiary’s management and key corporate matters.

Positive

• Launch of AI hardware components business through Tongjiang targeting data-center demand
• Performance-based grant of 49% economic interest to align Kalvin Kwok’s incentives with Tongjiang’s first purchase order
• TJGC retains full control over Tongjiang’s financial management, banking mandates and reserved corporate matters

Negative

• Equity incentive gives Kalvin Kwok 49% of Tongjiang’s dividend and distribution rights, reducing TJGC’s future economic share in the subsidiary

News Explained

The announced transfer of 49% of Tongjiang is not yet effective: it depends on the subsidiary signing its first binding purchase order and approval by TJGC’s board, so TJGC remains its sole owner unless those conditions are met.

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Details

Market Reaction – TJGC

$10.52 $11.02 Day Range

$110.09M Market Cap

Following this news, TJGC has declined 0.82%, reflecting a mild negative market reaction. Our momentum scanner has triggered 5 alerts so far, indicating moderate trading interest and price volatility. The stock is currently trading at $10.90. Trading volume is above average at 1.6x the average, suggesting increased trading activity.

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Market Context

TJGC entered the announcement at $10.99, following a 4.68% pre-publication decline; the release adde...

Analysis

TJGC entered the announcement at $10.99, following a 4.68% pre-publication decline; the release added an AI-hardware subsidiary strategy, while no peer moves were available to establish a sector-wide read-through.

Key Figures

Appointment effective date: September 16, 2026 Manufacturing experience: Over 30 years Subsidiary equity transfer: 49% +1 more

Appointment effective date

September 16, 2026

Executive director of Tongjiang Group Limited

Manufacturing experience

Over 30 years

Electronics manufacturing and processing industry

Subsidiary equity transfer

49%

Contingent transfer of Tongjiang’s issued share capital upon its first binding purchase order

Transfer consideration

Nil consideration

Equity incentive under the Appointment, Business Transformation and Equity Incentive Agreement

Key Terms

dram, integrated circuits, non-voting share class

3 terms

dram technical

"including DRAM, SSDs, CPUs and integrated circuits"

A dram is a small, traditional unit used to measure either mass or liquid volume in manufacturing and pharmaceuticals — roughly 1.77 grams for a weight dram or about 3.7 milliliters for a fluid dram, similar to a small teaspoon or a couple of drops. Investors care because dram-based measurements affect drug dosing, packaging sizes, labeling compliance and raw-material usage, which in turn influence production costs, inventory counts and regulatory risk.

integrated circuits technical

"including DRAM, SSDs, CPUs and integrated circuits"

Integrated circuits are tiny assemblies of electronic components—transistors, tiny switches, and electrical connections—built together on a small piece of semiconductor material to perform tasks like computing, storing data, or controlling signals; think of them as a miniature city where roads and buildings are laid out to do specific jobs. They matter to investors because they are the fundamental building blocks of almost all modern electronics, so shifts in demand, manufacturing capacity, technology or supply chains for integrated circuits can directly affect company costs, product availability and market value.

non-voting share class financial

"Such shares will be constituted as a class carrying rights to dividends"

A non-voting share class is a category of a company's stock that gives holders economic rights—such as entitlement to dividends and a claim on assets—but does not give them the right to vote on corporate matters like board elections or major transactions. It matters to investors because it separates financial participation from control: you can benefit from a company’s profits and price changes without having a say in how the company is run, similar to being a tenant who pays into a building but cannot vote at owners’ meetings.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Mr. Kwok’s Three Decades of Electronics Manufacturing and Factory Operations Experience Position Tongjiang Group to Capture Growing Global Demand for AI and Data-Center Hardware

HONG KONG, Sept. 16, 2026 (GLOBE NEWSWIRE) -- TJGC Group Limited (Nasdaq: TJGC) (the “Company”) today announced the appointment of Mr. Kalvin Kwok as an executive director of Tongjiang Group Limited, the Company’s wholly-owned Hong Kong subsidiary (“Tongjiang” or the “Subsidiary”), effective September 16, 2026. The appointment was made under an Appointment, Business Transformation and Equity Incentive Agreement and marks the formal launch of Tongjiang’s business in the sourcing, trading and assembly of high-performance PC and data-center components, including DRAM, SSDs, CPUs and integrated circuits.

As global demand for AI computing continues to accelerate, the buildout of data-center infrastructure is driving structural growth in demand for memory modules and related hardware components. The Company believes that Mr. Kwok’s appointment, together with the customer resources, supplier relationships and assembly channels that Mr. Kwok has committed to make available to Tongjiang, positions the Subsidiary to execute on this opportunity from day one.

Mr. Kwok brings over 30 years of hands-on experience in the electronics manufacturing and processing industry. Since beginning his career in 1996, he has played a pivotal role in establishing and optimizing multiple electronics factories across Asia, and serves as chief consultant to a leading Korean electronics manufacturer, advising on factory setup, operational systems implementation and process optimization.

Under the Agreement, and as an equity incentive and for nil consideration, the Company agreed to transfer to Mr. Kwok forty-nine percent (49%) of the issued share capital of the Subsidiary upon the signing of the Subsidiary’s first binding purchase order for the new business, subject to the conditions set out in the Agreement, including approval by the Company’s board of directors. Such shares will be constituted as a class carrying rights to dividends and other distributions only, with no voting rights, and the rights attaching to such shares (including any vesting or deferral of dividend rights) will be determined by the Company and set out in the Subsidiary’s amended articles of association. The Company retains full control of the Subsidiary, including all financial management, banking mandates and reserved corporate matters.

“We are thrilled to welcome Kalvin to the TJGC family at this pivotal moment in our transformation,” said Bin Guo, Chief Executive Officer of the Company. “His three decades of manufacturing leadership and his deep network across the electronics supply chain are exactly what Tongjiang needs to execute its AI hardware strategy. The performance-based structure of this partnership ensures that incentives are fully aligned with delivery, while the Company retains complete control over the operating subsidiary.”

“The AI infrastructure buildout is creating a once-in-a-generation opportunity in memory module manufacturing and assembly,” said Mr. Kalvin Kwok. “TJGC’s listed-company platform, combined with the customer pipeline and operational channels that I bring to Tongjiang, gives us a clear path to rapid, capital-efficient growth. My first priority is execution — securing the first orders, standing up production, and building Tongjiang into a trusted supplier in the AI hardware value chain, creating long-term sustainable value for the Company’s shareholders.”

About TJGC Group Limited

TJGC Group Limited, through its subsidiary, Ctrl Media Limited provides integrated marketing and advertising services in Hong Kong. The company offers services to mobile game developers, principally developers of mobile gaming applications that gamers download from the developers’ websites and applicable mobile operating systems, such as Apple Store or Android Google Play Store. It also uses digital media, such as online social media platforms, websites, and search engines over the Internet to broadcast advertising campaigns. In addition, the company undertakes contracts with YouTubers, KOLs and local celebrities to film introductory gaming videos for broadcast in their personal blogs and social media platforms; offers physical media, including podium platforms with transportation terminals and public venues to broadcast advertising campaigns; and assists clients in planning and preparing their exhibition booths in the animation-comic-game and other offline marketing events. The company was formerly known as Ctrl Group Limited and changed its name to TJGC Group Limited in November 2025. TJGC Group Limited was incorporated in 2022 and is based in Hung Hom, Hong Kong.

Forward-Looking Statements

Certain statements contained in this press release about future expectations, plans and prospects, as well as any other statements regarding matters that are not historical facts, may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These statements include, but are not limited to, statements relating to the anticipated benefits of the transaction, the business transition of the Subsidiary and the expected performance of the new business. The words “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “should,” “target,” “will,” “would” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, including the uncertainties related to market conditions, the completion of the conditions to the equity transfer described herein, and other factors discussed in the “Risk Factors” section of the Company’s most recent annual report on Form 20-F and other filings with the Securities and Exchange Commission. Any forward-looking statements contained in this press release speak only as of the date hereof, and the Company specifically disclaims any obligation to update any forward-looking statement, whether as a result of new information, future events or otherwise.

Email: project@ctrl-media.com

Phone: +852-3107-4887

Ctrl Media Limited

Contact: Investor Relations

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What new business is Tongjiang Group Limited entering under TJGC?

Tongjiang is formally launching a business focused on sourcing, trading and assembly of high-performance PC and data-center components, including DRAM, SSDs, CPUs and integrated circuits, aiming to serve rising demand from AI computing and data-center infrastructure buildouts.

When will Kalvin Kwok receive the 49% equity interest in Tongjiang and what rights will it carry?

The Company agreed to transfer 49% of Tongjiang’s issued share capital to Kalvin Kwok for nil consideration upon the signing of the subsidiary’s first binding purchase order for the new business, subject to conditions including board approval. These shares will be a separate class with rights to dividends and other distributions only, no voting rights, and detailed terms (including any vesting or deferral of dividend rights) set out in Tongjiang’s amended articles of association.

What control does TJGC retain over Tongjiang after the equity incentive grant?

TJGC retains full control over Tongjiang, including all financial management, banking mandates and reserved corporate matters, while the incentive shares granted to Kalvin Kwok do not carry voting rights.