Jia Linjie announced that Textile Technology, a wholly-owned subsidiary of the company, previously planned to sell 7% of MTM's shares at a transfer price of 1.5 US dollars per share, for a total of 7.0875 million US dollars. Recently, Textile Technology and the buyer VELORA GLOBAL VENTURES - F.Z.C officially signed the “Share Sale Agreement”. The buyer will pay consideration over 11 quarters, and the first payment is expected to be US$644,300 on August 26, 2026. The transaction will not be implemented until the delivery conditions are met.

Jia Linjie announced that Textile Technology, a wholly-owned subsidiary of the company, previously planned to sell 7% of MTM's shares at a transfer price of 1.5 US dollars per share, for a total of 7.0875 million US dollars. Recently, Textile Technology and the buyer VELORA GLOBAL VENTURES - F.Z.C officially signed the “Share Sale Agreement”. The buyer will pay consideration over 11 quarters, and the first payment is expected to be US$644,300 on August 26, 2026. The transaction will not be implemented until the delivery conditions are met.