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RoboSense Completes HK$988.87 Million Share Placement to Boost R&D and Strategic Growth

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RoboSense Technology Company., Ltd ( (HK:2498) ) has shared an announcement.

RoboSense Technology Co., Ltd has successfully completed the placement of 22 million new shares, raising approximately HK$988.87 million in net proceeds. The funds will be used to advance R&D in sensor and AI technologies, establish production lines, and explore strategic partnerships, positioning the company for growth in the robotics and AI sectors.

More about RoboSense Technology Company., Ltd

RoboSense Technology Co., Ltd is a company focused on the development of high-definition sensors, AI perception technologies, and robotic systems. The company aims to enhance motion control capabilities and create advanced robotic solutions, including LiDAR and camera integration for improved robotic vision.

YTD Price Performance: 39.90%

Average Trading Volume: 24,893,059

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: HK$19.5B

For an in-depth examination of 2498 stock, go to TipRanks’ Stock Analysis page.

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