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Shoucheng Holdings Ltd. ( (HK:0697) ) has provided an announcement.
Shoucheng Holdings Ltd. has announced that its subsidiaries, Beijing Robot Fund and Shouxin Jin’an, have made a follow-on investment in MOTOREVO Robotics, a leading developer of integrated robotic rotary actuators. This investment aims to accelerate technological research and development, enhance production capacity, and advance the industrialization of robotics technology, thereby contributing to the scalable development of the robotics industry. Shoucheng Holdings is committed to expanding its investment in the robotics sector, aiming to empower its investees and promote high-quality development in China’s intelligent robotics industry.
The most recent analyst rating on (HK:0697) stock is a Hold with a HK$2.50 price target. To see the full list of analyst forecasts on Shoucheng Holdings Ltd. stock, see the HK:0697 Stock Forecast page.
More about Shoucheng Holdings Ltd.
Shoucheng Holdings Ltd. operates in the investment sector, focusing on capital and industrial synergies to promote the development of the robotics industry. The company, through its subsidiaries, invests in innovative technologies and companies to drive industrialization and sustainable growth.
Average Trading Volume: 110,769,670
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$17.65B
For a thorough assessment of 0697 stock, go to TipRanks’ Stock Analysis page.