Hong Kong stock exchange data reveals that on February 2, a shareholder of Future Machine Ltd (01401) transferred shares from Huatong Securities to The Hongkong and Shanghai Banking Corporation Limited, with the transferred shares valued at HK$96.8976 million, representing a 6.33% stake.

Future Machine Ltd announced that between October 2025 and January 2026, it entered into nine memoranda of understanding with several reputable telecommunications and mobile phone distribution companies based in the United Arab Emirates, the People's Republic of Bangladesh, the Republic of India, the Democratic Socialist Republic of Sri Lanka, and Türkiye.

These collaborations are of significant importance to the Group's strategic shift from its traditional ODM business model towards an international marketing strategy focused on exporting comprehensive solutions to overseas markets, marking a crucial step forward.

Pursuant to the memoranda of understanding, the parties will leverage their respective strengths and resources to achieve comprehensive cooperation, thereby seizing business opportunities and developing joint intellectual property.

Furthermore, the Group will supply mobile phones and smart devices to assist its business partners in promoting their product brands and expanding their market share in the relevant regions.

As of the date of this announcement, business partners have already placed orders for 1.5 million mobile phones, with a total contract value of approximately US$100 million.