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EverChina Int’l Holdings Company Ltd ( (HK:0202) ) has issued an announcement.
EverChina Int’l Holdings Company Ltd has announced a significant investment in a startup company focused on developing advanced robotics technology. The startup aims to address major challenges in the global robotics industry by creating a super-load artificial muscle joint and a full-degree-of-freedom cerebellum system, which are expected to enhance robot flexibility, safety, and application potential in various sectors. The investment involves a capital increase of RMB30,000,000 by Beijing Boya and RMB60,000,000 by Cheng Jianling, with the funds allocated towards research and development. The startup plans to launch its innovative quadruped robot by mid-2026, and the estimated value of the company upon completion of its development plans is anticipated to reach at least RMB250,000,000.
More about EverChina Int’l Holdings Company Ltd
YTD Price Performance: -49.18%
Average Trading Volume: 713,751
Technical Sentiment Signal: Sell
Current Market Cap: HK$452.3M
See more data about 0202 stock on TipRanks’ Stock Analysis page.