An announcement from Shoucheng Holdings Ltd. ( (HK:0697) ) is now available.
Shoucheng Holdings Ltd. has announced that its subsidiary-managed Beijing Robot Fund has invested in X Square Robot Technology. This strategic investment is intended to enhance the development and commercialization of next-generation embodied generalist models, accelerating technological innovation and commercialization in the robotics sector. The move is poised to strengthen Shoucheng’s strategic positioning within the robotics industry, empowering its investee companies and advancing the entire sector.
More about Shoucheng Holdings Ltd.
Shoucheng Holdings Ltd. operates in the high-tech industry with a focus on robotics. It manages investments through its subsidiary, Shoucheng Capital, and is committed to fostering innovation in general-purpose robots through data collection, model training, and deployment. The company aims to build a globally competitive robotics industry cluster.
YTD Price Performance: 71.67%
Average Trading Volume: 4,492
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €1.6B
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