Company: IDVV
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001683168-25-008369
Chunk: 15

Company: ModuLink Inc.
Filing Date: 2025-11-14
Form: 10-Q
Item: Part II, Item 8
Chunk 15
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 enhance the quality of life. We build smart, energy-efficient structures that we believe are secure, adaptable and ready
for the future. We focus on projects that we believe will enhance the quality of life and reduce environmental impact, while driving innovation
and excellence in the real estate market across Australia, Europe, America and Asia.

By embracing advanced technologies,
we expect to achieve competitive advantages, drive sustainable growth, and meet the evolving needs of modern urban environments. We believe
that careful planning, strategic investment and effective risk management are essential to maximize the potential of these innovative
solutions and ensure long-term success. We are dedicated to advancing the boundaries of construction innovation.

In carrying out our property
development projects, we rely on third party manufacturers and partners to supply key components of our proprietary ModuLink platform,
including modular steel structures and atmospheric water generators (AWGs). These systems are designed in-house and incorporate core technologies
that are owned or controlled by the Company. However, the physical production of these components is currently outsourced to strategic
manufacturing partners located in mainland China, that operate under strict adherence to our proprietary design specifications and quality
standards.

On July 1, 2025, we entered
into a cooperation agreement with a wholly owned subsidiary of Hume Plasterboard Pty Ltd, a building materials supplier. The agreement
is for one year, with an option to extend the term if either party provides one month's prior notice. Both parties will collaborate on
applying MiC technologies across a range of housing developments, with a shared focus on quality, speed, and sustainability. We will lead
project planning and modular design. HUME will supply off-site prefabricated MiC using building materials according to the design requirement
of IDVV and in compliance with the local building codes. The collaboration brings together Modulink’s expertise in modular construction
and Hume Plasterboard’s industry leadership, aiming to deliver faster, greener, and smarter solutions for future building projects.

 2 

In addition to these core
manufactured components, we also source various auxiliary materials and technologies from local suppliers in the regions where projects
are developed. This hybrid sourcing strategy allows us to optimize cost efficiencies, reduce logistical complexity, and support regional
economies.

To mitigate geopolitical,
regulatory, and operational risks, we are actively exploring opportunities to identify and engage qualified manufacturing partners outside
of mainland China. Our intention is to diversify our supply chain by establishing relationships with suppliers in jurisdictions that offer
competitive cost structures