MTT Group Eyes AI Collaboration with Wheat Cloud Group

MTT Group Holdings Limited (HK:2350) has released an update.

MTT Group Holdings Limited has announced a non-binding memorandum of understanding with Guangdong Wheat Cloud Holding Group to explore a collaborative venture in artificial intelligence applications within government services and the leasing industry. The intended partnership, which is still in its preliminary phase and not legally binding, sets the stage for a 180-day exploratory period of deep cooperation. Investors are advised to exercise caution when trading the company’s shares as further announcements will be made if a formal agreement is reached.

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