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Shoucheng Holdings Ltd. ( (HK:0697) ) has provided an announcement.
Shoucheng Holdings Ltd. has announced that its subsidiary, the Beijing Robot Industry Development Investment Fund, has invested in ROBOTERA, a leading domestic developer and manufacturer of intelligent robots. This investment is expected to enhance ROBOTERA’s capabilities in technology research and development, product iteration, and the application of robotics technology across various scenarios. The move aligns with Shoucheng Holdings’ commitment to expanding its presence in the robotics industry and fostering a comprehensive humanoid robotics ecosystem, which could drive sustainable development and innovation in the sector.
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 robotics industry through its subsidiary, Shoucheng Capital. The company focuses on investing in the development and implementation of intelligent robotics solutions, particularly in industrial logistics and retail sectors.
Average Trading Volume: 107,381,592
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$17.82B
Learn more about 0697 stock on TipRanks’ Stock Analysis page.