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iMotion Automotive Expands into Robotics with Strategic Acquisition

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Elevate Your Investing Strategy:

iMotion Automotive Technology (Suzhou) Co., Ltd. Class H ( (HK:1274) ) has provided an update.

iMotion Automotive Technology (Suzhou) Co., Ltd. announced that its subsidiary, iMotion Robotics, has signed a framework agreement to acquire a majority stake in Suzhou Artiarm Robotics Co., Ltd., a high-tech robotics enterprise. This acquisition aims to enhance iMotion’s technological capabilities in robotics components and expand its business operations, particularly in AI-integrated robotics for specific applications, thereby accelerating the industrialization process in various sectors.

More about iMotion Automotive Technology (Suzhou) Co., Ltd. Class H

iMotion Automotive Technology (Suzhou) Co., Ltd. is a company based in China that operates in the automotive technology industry. It focuses on robot research and commercialization through its subsidiary, iMotion Robotics (Suzhou) Co., Ltd.

Average Trading Volume: 5,997,629

Technical Sentiment Signal: Sell

Current Market Cap: HK$3.52B

For detailed information about 1274 stock, go to TipRanks’ Stock Analysis page.

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