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Stock impact report

UTime Limited Announces MOU to Co-Develop Elderly Care Services Platform

UTime Limited - Class A Ordinary Shares (WTO) 
Company Research Source: GlobeNewswire
SHENZHEN, China, Oct. 23, 2025 (GLOBE NEWSWIRE) -- UTime Limited (NASDAQ: WTO) (“UTime” or the “Company”) announced today that it has entered into a Memorandum of Understanding (MOU) with Hainan Fuxinyi Investment Co., Ltd. (“Fuxinyi), a company specializing in integrating eldercare service resources, to collaborate over the next three years to co-develop a professional digital platform for eldercare services. This partnership intends to leverage UTime’s product development and manufacturing expertise as a U.S.-listed mobile device manufacturer, while Fuxinyi will lead the integration and coordination of eldercare service resources. Initial implementation of the platform is planned to begin in Nanning, Guangxi province, PRC, with planned expansion to other cities across southern China. Key elements of the collaboration include: Three-year development plan: Jointly build a comprehensive digital platform for elderly care service management.Roles and expertise: UTime plans to provide Show less Read more
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