Reitar and Smart Pointer Logistics Form Joint Venture

Five-Year Collaboration Represents an
Estimated Contract Value of Approximately HK$120 Million
Advancing Cold-Chain Fulfillment and Digital Supply Chain Capabilities Across the Greater Bay Area

HONG KONG, Aug. 24, 2026 (GLOBE NEWSWIRE) -- Reitar Logtech Holdings Limited (NASDAQ: RITR) ("Reitar" or the "Company") today announced the formation of a joint venture with Smart Pointer Logistics Warehouse Limited (“Smart Pointer”), a Hong Kong-based provider of cold-chain logistics services. The joint venture, Smart Pointer Logistics Technology Limited, will focus on developing cold-chain warehousing and fulfillment, digital fulfillment, and value-added supply chain services.

The joint venture builds on an established long-term commercial relationship and mutual trust between the parties. Smart Pointer has utilized Reitar’s cold-storage infrastructure and adopted its Warehouse-as-a-Service (“WaaS”) model to support warehouse management system upgrades, workflow optimization, and the development of automated services. The parties have entered into a five-year service arrangement with an estimated total contract value of approximately HK$120 million, reflecting market recognition of Reitar’s cold-chain infrastructure and logistics technology capabilities.

Building on this collaboration, the parties have elected to deepen their strategic relationship through the joint venture. Smart Pointer Logistics Technology Limited will combine Reitar’s capabilities in cold-chain infrastructure, WaaS, logistics technology, and digital platforms with Smart Pointer’s operating experience in cold-chain warehousing, cargo handling, and order fulfillment. The joint venture will develop an integrated supply chain service platform encompassing warehouse management, temperature-controlled handling, inventory visibility, order fulfillment, value-added processing, and delivery coordination.

The collaboration extends Reitar’s cold-chain and digital-service capabilities into higher-value supply chain operations and establishes a scalable, replicable foundation for growth in Hong Kong, the Greater Bay Area, and cross-border markets.

Integrating Technology and Cold-Chain Infrastructure to Enhance Customer Fulfillment Capabilities

Today’s logistics challenges extend beyond the movement of goods. Businesses must balance multi-channel sales, speed of delivery, quality control, and cost management. This is particularly important for customers in the food and beverage, foodservice, retail, and e-commerce sectors, which increasingly require reliable temperature monitoring, product traceability, flexible order picking, and real-time inventory visibility.

Reitar will leverage its technology and platform capabilities to support the joint venture in developing data-integrated supply chain workflows covering order management, inventory information, fulfillment tracking, and operational analytics. Smart Pointer will contribute operational expertise in cold-chain warehousing, inbound and outbound cargo handling, picking, packing, and delivery coordination.

Together, the parties expect to provide customers with more integrated, transparent, and flexible supply chain support, reducing the need to manage multiple service providers while helping improve shipment accuracy, inventory efficiency, and the end-customer experience.

Hong Kong as a Gateway to Greater Bay Area Supply Chain Demand

Smart Pointer’s logistics center in Kwai Chung, Hong Kong supports the handling of products with demanding quality, temperature-control, and time-sensitive operational requirements, including food, beverages, frozen products, and chilled products. Hong Kong’s position as an international trade and logistics hub provides a strategic gateway connecting local consumption markets, import and export cargo flows, and business networks throughout the Greater Bay Area.

As retail and consumer models evolve toward smaller order sizes, higher fulfillment frequency, and faster response times, supply chain competitiveness increasingly depends on inventory transparency, fulfillment reliability, temperature-control quality, and service flexibility—not solely transportation costs. The joint venture intends to develop modular service offerings that can be tailored to the needs of brands, platforms, and merchants of different sizes.

Advancing Digitalization and Scalable Operations

Reitar intends to use the joint venture as a platform for building data-driven intelligent supply chain capabilities. The Company plans to integrate and enhance warehouse management systems (“WMS”), transportation management systems (“TMS”), and order management systems (“OMS”), while progressively connecting, as business needs evolve, with customers’ enterprise resource planning (“ERP”) systems, e-commerce platforms, sales channels, and delivery-partner systems.

Through the coordinated operation of WMS, TMS, and OMS, the joint venture is expected to connect key workflows from order intake and inventory allocation to inbound and outbound warehouse operations, picking and packing, transportation dispatch, and proof-of-delivery tracking. These initiatives are expected to enhance real-time visibility, traceability, and operational control across the supply chain.

As the business grows and customer requirements evolve, Reitar intends to continue improving system architecture, operating standards, and data-analytics capabilities. The Company believes that the integration of technology with physical logistics infrastructure will strengthen the joint venture’s operating efficiency, service flexibility, and long-term competitiveness, supporting a scalable operating model across additional warehouses, delivery networks, product categories, and Greater Bay Area markets.

Forward-Looking Statements
This press release contains “forward-looking statements” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. These statements include, without limitation, statements regarding Reitar Logtech Holdings Limited’s (“Reitar” or the “Company”) business strategy, the joint venture’s anticipated operations and development, the expected benefits of the collaboration, the estimated contract value of the five-year service arrangement, market opportunities, and future plans. Forward-looking statements are based on the Company’s current expectations and assumptions and involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied. Such risks include changes in market conditions, customer demand, the execution and performance of the joint venture and related service arrangements, operational and technology performance, regulatory requirements, competition, financing conditions, and other risks disclosed in the Company’s filings with the U.S. Securities and Exchange Commission. Forward-looking statements speak only as of the date of this press release. Reitar undertakes no obligation to update or revise these statements, except as required by applicable law.

About Reitar Logtech Holdings Limited (NASDAQ: RITR)
Reitar Logtech was listed on Nasdaq in 2024 and is Asia’s first integrated industrial solutions provider focused on Property-Logistics Technology (“PLT”). The Company focuses on the full life-cycle management and technology enablement of logistics assets through an integrated platform spanning investment and development, operational management, and digital-intelligence upgrades. Driven by asset-value enhancement and technology-enabled application, Reitar Logtech integrates intelligent warehousing systems, Internet of Things (“IoT”) devices, and data-analytics platforms to help customers improve asset operating efficiency and economic returns. The Company aims to promote more efficient resource allocation and cross-sector collaboration across the logistics value chain.

About Smart Pointer Logistics Warehouse Limited
Smart Pointer Logistics Warehouse Limited is a Hong Kong-based provider of cold-chain warehousing and logistics services. Its offerings include temperature-controlled warehousing, cold-chain logistics, inventory management, order fulfillment, picking and packing, and related value-added services for food, beverage, retail, and other customers with temperature-management requirements. Its logistics center is located in Kwai Chung, New Territories, Hong Kong, and is committed to delivering reliable, flexible, and professional logistics services.

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