NEW YORK, July 22, 2025 — Majestic Ideal Holdings Limited (Nasdaq: MJID) (the “Company”), a leading provider of supply chain management (SCM) services in the apparel sector offering end-to-end solutions, today announced the successful completion of its initial public offering (the “Offering”). The Offering involved the sale of 2,500,000 ordinary shares (the “Ordinary Shares”) at an issuance price of $6.00 per Ordinary Share. Trading of the Ordinary Shares commenced on the Nasdaq Capital Market on July 18, 2025, under the ticker symbol “MJID.”

The Offering generated aggregate gross proceeds of $15.0 million, prior to accounting for underwriting discounts and other associated expenses. The Company plans to allocate the net proceeds towards several key areas: sourcing raw materials for textile and garment production, expanding and cultivating its customer base, enhancing operational efficiency and SCM service capabilities, researching and adopting eco-friendly and sustainable raw materials, broadening its sourcing network, and fulfilling general working capital requirements.

Additionally, the Company has granted the underwriters a 45-day option to acquire up to an additional 375,000 Ordinary Shares at the Offering price, minus underwriting discounts.

Craft Capital Management, LLC and WestPark Capital, Inc. served as the designated representatives for the underwriters (the “Underwriters”) in connection with the Offering.

Loeb & Loeb LLP acted as U.S. legal counsel for the Company, while Haneberg Hurlbert PLC provided legal counsel to the Underwriters for the Offering.

This Offering was conducted in accordance with the Company’s Registration Statement on Form F-1 (File No. 333-282499), which was previously filed with and subsequently declared effective by the U.S. Securities and Exchange Commission (the “SEC”) on June 30, 2025. The Offering is exclusively made through a prospectus. Prospective investors are advised to review the prospectus and other documents filed or to be filed by the Company with the SEC for comprehensive information regarding the Company and the Offering. These documents are available for free via EDGAR on the SEC Web site at .

This press release is intended solely for informational purposes and does not constitute an offer to sell or a solicitation of an offer to purchase any securities. No sale of these securities will occur in any state or jurisdiction where such an offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of that state or other jurisdiction.

FORWARD-LOOKING STATEMENTS

Certain statements in this press release are considered “forward-looking statements” as defined by the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements reflect the Company’s current expectations or beliefs regarding future events, and actual outcomes may differ materially from these expectations. These forward-looking statements are subject to various risks and uncertainties, including but not limited to economic conditions, shifts in the securities market, political or financial instability, and other factors detailed in the Company’s Registration Statement on Form F-1 (File No. 333-282499), as amended, and in all subsequent filings with the SEC. The Company disclaims any obligation to publicly update or revise its forward-looking statements, whether due to new information, future events, or otherwise.

About Majestic Ideal Holdings Limited

Majestic Ideal Holdings Limited specializes in providing comprehensive SCM services within the apparel industry. The Company offers a complete one-stop solution to its clients for a wide array of yarn products, textiles, and finished garments. Its service portfolio spans critical aspects of the product supply chain, including market trend analysis, product design and development, raw material sourcing, production and quality assurance, and logistics management. Leveraging its integrated capabilities, the Company delivers customized, end-to-end supply chain solutions designed to meet the specific requirements of its customers.

Contacts

Majestic Ideal Holdings Limited Investor Relations Contact:

Majestic Ideal Holdings Limited
22/F, China United Plaza,
1008, Tai Nan West Street,
Cheung Sha Wan, Kowloon, Hong Kong
(+852) 3915 2600
Email: 

Underwriter Inquiries:

Craft Capital Management, LLC
377 Oak St.
Lower Concourse
Garden City, NY 11530
Email: 

WestPark Capital, Inc.
1800 Century Park East
Suite 220
Los Angeles, CA 90067
Email: