The praying mantis clarified: the memorandum signed with the Vietnamese partner does not involve any specific projects or specific amounts.

Mantis Announcement: The company has noticed that its cooperating foreign party, Vietnamese Sun Group, has released information in its home country stating that they have signed a cooperation agreement with Mantis worth 2.3 billion US dollars. Some domestic media outlets have reprinted the relevant reports. The company has taken this matter seriously to avoid misleading investors, and has verified the situation to clarify. On April 14, 2026, the company signed a "Memorandum of Understanding on Strategic Cooperation" with Vietnamese Sun Group. The memorandum is a framework agreement reached by both parties after preliminary discussions and is not legally binding for either party. The company solemnly clarifies that the memorandum signed by both parties does not involve any specific projects or amounts. As of the date of this announcement, the two parties have not reached a legally binding formal agreement on any specific cooperative projects. The implementation of future cooperation, specific cooperation content, and cooperation scale all require further negotiation and the signing of a legally binding formal agreement before progress can be made.