Core Insights - UTime Limited has entered into a Memorandum of Understanding (MOU) with Hainan Fuxinyi Investment Co., Ltd. to co-develop a digital platform for eldercare services over the next three years [1][2] - This partnership marks a strategic shift for UTime, expanding its focus from consumer devices to healthcare-related services, aiming to tap into the growing senior care market in China [2][3] Collaboration Details - The collaboration will leverage UTime's product development and manufacturing expertise alongside Fuxinyi's eldercare service resource integration [1][6] - Initial implementation of the platform is set to begin in Nanning, Guangxi province, with plans for expansion to other southern Chinese cities [1][6] Strategic Objectives - UTime aims to create long-term growth opportunities and enhance shareholder value by combining its technology with Fuxinyi's service network [2][3] - The strategic expansion into healthcare and the "silver economy" is intended to drive sustainable growth and value for shareholders [3][6]