Manus founder Xiao Hong's exit restrictions will be lifted, and the company will resume independent operations

According to the Financial Times, regulatory authorities are preparing to lift outbound restrictions on Manus founder and CEO Xiao Hong and others, and Xiao Hong plans to return to Singapore. Manus confirms that it will resume independent operations and dismantle Meta's $2 million acquisition relationship. Tencent, ZhenFund, HSG and other original shareholders will participate in the repurchase, and Tencent will become Manus' largest single shareholder, but the shareholding will not exceed 50%. Manus will continue to operate independently in Singapore, and the final plan requires regulatory approval.