SINGAPORE, Jan. 06, 2025 — Davis Commodities Limited (NASDAQ: DTCK), a leading global agricultural commodity trader based in Singapore, today announced a strategic collaboration with QBE.AI Limited, a pioneering artificial intelligence (AI) firm. This partnership will utilize QBE.AI’s advanced AI algorithms to enhance Davis Commodities’ trading strategies and market analysis, resulting in more accurate and profitable trading outcomes.

The Role of AI in Commodity Trading

The commodities market is known for its complexity, volatility, and massive datasets. Traditional market analysis methods often struggle to keep up. AI provides a powerful solution. By processing and analyzing extensive datasets including historical prices, weather patterns, geopolitical events, and economic indicators, AI algorithms can identify subtle patterns and correlations unseen by human analysts. This leads to improved price movement predictions, optimized trading strategies, and increased profitability. Specifically, QBE.AI’s predictive models aim to lower Davis Commodities’ input costs by 1% to 2%, a substantial advantage in a competitive market. This project will be implemented in phases.

QBE.AI: A Leader in AI-Powered Commodity Analytics

QBE.AI Limited is a leader in developing AI solutions specifically for the commodities sector. They provide solutions to boost operational efficiency. Their proprietary algorithms excel at detecting market inefficiencies, forecasting price fluctuations, and optimizing trading strategies using real-time data analysis. Their technology has proven highly effective in improving trading accuracy and risk management.

A Collaborative Partnership for Enhanced Trading Success

This partnership combines Davis Commodities’ extensive market knowledge and global trading network with QBE.AI’s state-of-the-art AI technology. Integrating QBE.AI’s AI-driven analytics into its operations will give Davis Commodities a significant competitive edge. This collaboration will focus on:

• Improved Predictive Modeling: Developing advanced AI models to predict future price movements more accurately, leading to better buying and selling decisions.
• Optimized Trading Strategies: Using AI to refine trading strategies, minimizing risk and maximizing returns.
• Enhanced Risk Management: Leveraging AI to identify and mitigate risks more effectively.
• Data-Driven Decision Making: Equipping Davis Commodities’ traders with real-time insights and data-driven decision-making tools.

Measurable Benefits and Projected Revenue Growth

The projected reduction in input costs (1%-2%), along with improvements in trading efficiency and risk management, is expected to generate a substantial increase in annual net income for Davis Commodities. This represents a strong return on investment and highlights the transformative potential of this partnership.

Mutual Growth and Innovation

This partnership is a major step forward for both companies. For Davis Commodities, it demonstrates a commitment to innovation and adopting advanced technology to improve its trading capabilities. For QBE.AI, the partnership offers a valuable opportunity to deploy and refine its AI solutions in a high-stakes, real-world environment. The joint development of AI-driven tools will benefit both organizations, strengthening their market positions and fostering a future of more efficient and profitable commodity trading.

CEO Statements:

Ms Li Peng Leck, Executive Chairwoman and Executive Director of Davis Commodities Limited, commented: “We are delighted to partner with QBE.AI. Their groundbreaking AI technology presents a transformative opportunity for Davis Commodities. By integrating their advanced analytics into our operations, we are confident in our ability to further enhance our trading performance and deliver superior returns for our shareholders.”

Ricky Lo, CEO of QBE.AI Limited, added: “We are pleased to collaborate with a respected industry leader like Davis Commodities. This partnership provides a unique opportunity to showcase the transformative potential of our AI solutions in the dynamic world of commodity trading. We look forward to a successful collaboration that benefits both our companies and the broader commodities market.”

About Davis Commodities Limited (NASDAQ: DTCK)

Davis Commodities Limited is a Singapore-based investment holding company with a significant presence in the global agricultural commodities market. The company specializes in trading and distributing staples such as sugar, rice, and edible oils, with a strong presence across Asia, Africa, and the Middle East. As a Nasdaq-listed company, Davis Commodities is committed to delivering value through diversification, innovation, and sustainable business practices.

About QBE.AI Limited

QBE.AI Limited is a dynamic Hong Kong-based artificial intelligence company, leveraging the expertise of a world-class team to deliver cutting-edge AI solutions. The company’s team comprises seasoned AI experts from leading technology companies such as Google and YouTube, along with engineers holding advanced degrees in IT and AI from prestigious US universities. This combination of technical skill and deep market understanding, further enhanced by a leadership team with extensive experience in business model analysis and capital markets, positions QBE.AI for significant growth. Specializing in the development and implementation of advanced AI algorithms, QBE.AI offers a comprehensive range of services, including sophisticated digital marketing solutions and customized AI software development for businesses across various sectors. The company is well-positioned for substantial growth and is aiming for a Nasdaq listing in Q3 2026, with the goal of becoming a leading player in the global AI market. MVPI International Capital Limited is appointed as the financial advisor of QBE.AI Limited.

#NasdaqDTCK #QBE.AILimited #AgriculturalCommodities

CONTACT: For more information, please contact:

Celestia Investor Relations

Dave Leung

Phone: +852 9493-1941

Email: investors@celestiair.com

“`