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The latest announcement is out from Shoucheng Holdings Ltd. ( (HK:0697) ).
Shoucheng Holdings Ltd. has announced that its subsidiary, Shoucheng Capital, has facilitated an investment by the Beijing Robot Industry Development Investment Fund in Beijing GALBOT Co., Ltd., a company specializing in multimodal large model general-purpose robots. This investment aims to accelerate the application of GALBOT’s products in real-world scenarios, enhance ecosystem empowerment, and drive the commercial viability of the domestic embodied intelligence industry, impacting sectors such as retail, industry, and elderly care. Shoucheng Holdings plans to continue expanding its strategic investments in the robotics industry, focusing on collaborations with industry leaders to foster sustainable growth and innovation.
More about Shoucheng Holdings Ltd.
Shoucheng Holdings Ltd. operates in the investment industry, focusing on strategic investments in the robotics sector. The company, through its subsidiary Shoucheng Capital, manages investments that promote the development and application of advanced robotics technologies.
YTD Price Performance: 51.28%
Average Trading Volume: 37,446,315
Technical Sentiment Signal: Buy
Current Market Cap: HK$11.58B
Find detailed analytics on 0697 stock on TipRanks’ Stock Analysis page.