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Shenzhen Dobot Completes H Share Placement to Fund Robotics Innovation

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Shenzhen Dobot Completes H Share Placement to Fund Robotics Innovation

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Shenzhen Dobot Corp Ltd Class H ( (HK:2432) ) has shared an update.

Shenzhen Dobot Corp Ltd has successfully completed the placing of 16,660,000 new H shares, raising approximately HK$771.0 million. The proceeds will be used to advance technological research and product innovation in intelligent robotics and to explore investment opportunities in the robotic value chain, supporting the company’s strategic initiatives and market expansion.

More about Shenzhen Dobot Corp Ltd Class H

Shenzhen Dobot Corp Ltd is a company based in China, operating in the intelligent robotics industry. The company focuses on technological research and product innovation, particularly in the development of collaborative robots and embodied AI, aiming to expand its market presence.

Average Trading Volume: 3,574,563

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$18.9B

Find detailed analytics on 2432 stock on TipRanks’ Stock Analysis page.

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