Wang & Lee announces $100M sales agreement with landowners for crypto mining

Wang & Lee Group announced a collaboration with Sino Wealth Limited and a consortium of Hong Kong landowners to establish Hong Kong’s first solar-powered crypto battery farm. Spanning seven land plots, this US$100 million revenue project merges renewable energy and crypto-mining innovation through Wang & Lee’s proprietary ecosystem. This pioneering project taps into Hong Kong’s underutilized solar resources, leveraging average annual solar irradiance of 3.8-4.2 kWh/m/day-comparable to regions like Japan and exceeding solar leaders Germany. Ho, CEO of Wang & Lee Group, stated: “This project is Hong Kong’s first crypto battery farm accessible to all the villagers in each village in the New Territories. It is also a gateway to a self-sustaining green economy… Seeing that Hong Kong’s traditional property investment is no longer attractive, we are offering a viable alternative opportunity for landowners to participate in innovative technology to generate crypto income.”