Textile City announced that in June 2025, the company signed an agreement with ICBC Financial Asset Investment Co., Ltd. and Shaoxing China Textile City International Logistics Center Co., Ltd., agreeing that ICBC Investment will invest 500 million yuan in the international logistics center through capital increase and share expansion to obtain 21.05% of the shares in the international logistics center. Currently, according to the Group's overall development strategy layout and international logistics center business development needs, after agreement with ICBC Investment, the company plans to terminate the aforementioned debt-for-equity swaps and transfer the international logistics center shares held by ICBC Investment in cash as agreed in the agreement. After the equity acquisition is completed, ICBC Investment will no longer hold shares in the international logistics center, and the company will hold 100% of the shares in the international logistics center.

Textile City announced that in June 2025, the company signed an agreement with ICBC Financial Asset Investment Co., Ltd. and Shaoxing China Textile City International Logistics Center Co., Ltd., agreeing that ICBC Investment will invest 500 million yuan in the international logistics center through capital increase and share expansion to obtain 21.05% of the shares in the international logistics center. Currently, according to the Group's overall development strategy layout and international logistics center business development needs, after agreement with ICBC Investment, the company plans to terminate the aforementioned debt-for-equity swaps and transfer the international logistics center shares held by ICBC Investment in cash as agreed in the agreement. After the equity acquisition is completed, ICBC Investment will no longer hold shares in the international logistics center, and the company will hold 100% of the shares in the international logistics center.