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Shoucheng Holdings Ltd. ( (HK:0697) ) has provided an update.
Shoucheng Holdings Ltd. announced that its subsidiary, Beijing Robot Industry Development Investment Fund, has invested in Xinghaitu (Beijing) AI Technology Co., Ltd., an artificial intelligence company specializing in embodied intelligence models and robots. This investment aims to bolster Xinghaitu’s research and development capabilities, enhancing its position in the global embodied intelligence sector. The move is part of Shoucheng Holdings’ strategy to expand its footprint in the robot industry, fostering rapid development and commercial integration in sectors like retail, industry, and elderly care.
More about Shoucheng Holdings Ltd.
Average Trading Volume: 41,179,837
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$12.17B
Learn more about 0697 stock on TipRanks’ Stock Analysis page.