Future Machine Ltd (01401) announced that between October 2025 and January 2026, the Group entered into nine Memoranda of Understanding (MoUs) with several reputable telecommunications and mobile phone distribution companies (Business Partners) located in the United Arab Emirates, the People's Republic of Bangladesh, the Republic of India, the Republic of Sri Lanka, and Turkey. These agreements establish long-term strategic partnerships and a shared value innovation business model as part of the Group's ongoing efforts to expand its overseas market operations. These collaborations represent a crucial step forward, holding significant importance for the Group's strategic shift from a traditional ODM model towards an international marketing strategy focused on exporting comprehensive solutions to overseas markets. This strategy specifically targets emerging markets with large populations and surging demand for mobile phones and smart devices. By leveraging its industry-leading expertise in hardware and software, operating systems, AI development, research, innovation, and comprehensive ecosystem building, the Group is aligning with Business Partners to introduce its technology and market knowledge into these regions. According to the MoUs, the parties will utilize their respective strengths and resources to achieve full cooperation, thereby capitalizing on business opportunities and developing jointly-owned intellectual property. Furthermore, the Group will supply mobile phones and smart devices to assist Business Partners in promoting their product brands and expanding their market share in the relevant regions. As of the date of this announcement, the Business Partners have placed orders for 1.5 million mobile phones, with a total contract value of approximately US$100 million. To achieve long-term market development in these emerging markets, the Group will also provide comprehensive support for the local production and manufacturing facilities of certain Business Partners. This support includes, but is not limited to, testing, engineering support, local research and development, and the strategic construction of a broader ecosystem centered on smartphones, tablets, AIoT products, and related categories. The Board of Directors believes that establishing these strategic partnerships will significantly enhance the Group's global visibility and make a positive contribution to its future financial performance and development. In line with the MoUs, the Group and its Business Partners will jointly develop business and marketing plans, aiming to synergistically integrate strategies for maximum penetration of the emerging markets. Following the placement of these orders by the Business Partners, the Group anticipates that its adopted market strategy will lead to further orders from emerging markets, thereby adding greater diversity to the Group's global revenue streams. Additionally, the advanced technical expertise and related intellectual property generated from collaborative R&D with Business Partners will be jointly owned by both parties. The Board considers that this initiative will further strengthen the Group's R&D capabilities, fostering long-term innovation and competitiveness. Looking ahead, the Group will continue to explore and expand its product portfolio within the telecommunications and AI ecosystems, striving to create more value for the Group and its shareholders.