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China Best Group Holding Limited ( (HK:0370) ) has issued an update.
Hong Kong Robotics Group Holding Limited, incorporated in Bermuda, focuses on humanoid robot intelligence technology and products. They have formed a joint venture, HK Robotics, with Dataa, a substantial shareholder, to develop business operations related to humanoid robotic technology. The company announced that AI Group, a wholly-owned subsidiary, and HK Robotics PRC Co have entered into a Technology Licensing Agreement with Dataa. This agreement grants HK Robotics PRC Co exclusive and non-exclusive rights to use approximately 1,780 patents and 110 software copyrights in Greater China. The agreement is expected to enhance the company’s operations and strengthen its market position in the robotics industry.
More about China Best Group Holding Limited
YTD Price Performance: 480.0%
Average Trading Volume: 6,473,049
Technical Sentiment Signal: Buy
Current Market Cap: HK$3.03B
For a thorough assessment of 0370 stock, go to TipRanks’ Stock Analysis page.