Core Viewpoint - Lutai Textile Co., Ltd. is optimizing its asset structure and expanding its integrated fabric and apparel business by selling part of its subsidiary Tianqin International to MF France and FR Japan, which will enhance cooperation with clients and create a win-win development goal [1] Group 1: Transaction Details - Lutai's subsidiary, Lulian New Materials, plans to sell 23.06% of its stake in Tianqin International to MF France and FR Japan for a total transaction price of $7.2944 million [1] - After the transaction, the shareholding structure of Tianqin International will be 34% for MF France, 33% for FR Japan, and 33% for Lulian New Materials [1] Group 2: Strategic Implications - The transaction is expected to facilitate deeper collaboration with clients and further expand the market space for the integrated fabric and apparel business [1] - The move aligns with the company's goal of achieving cooperative and mutually beneficial development [1]