SwiftStart Confirms Strategic Investment Intent in TIRX, Beginning with $80 Million at $1.50 per Share

Core Viewpoint - TIRX has entered into a strategic Memorandum of Understanding (MOU) with SwiftStart Inc. for an initial equity investment of US$80 million at a proposed price of US$1.50 per share, aiming to enhance TIRX's competitiveness in global capital markets [1][2][3] Group 1: Strategic Cooperation - The MOU signifies a step forward in the strategic cooperation between TIRX and SwiftStart Inc., focusing on areas such as digital transformation, intelligent risk management, data asset operations, and international business expansion [2][3] - The collaboration aims to enhance TIRX's overall competitiveness along the industry value chain [2] Group 2: Management Commentary - TIRX's management views the MOU as recognition of its business model and long-term development potential, providing strategic flexibility for capital base strengthening and digital transformation initiatives [3] - SwiftStart Inc. acknowledges TIRX's strategic positioning and operational performance, expressing interest in multi-dimensional collaboration to unlock growth opportunities in China and international markets [3] Group 3: Transaction Conditions - The MOU is non-binding, and any proposed transaction is subject to negotiation, due diligence, and regulatory approvals, with no assurance that definitive agreements will be reached [3]