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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 Hangzhou Yunshenchu Technology Co., Ltd, known as DEEP Robotics. This strategic investment aims to bolster DEEP Robotics’ research and development, enhance its leading position in the quadruped robot field, and accelerate the commercialization of new products such as humanoid and wheeled-legged robots. The investment is expected to provide momentum for DEEP Robotics in expanding its business and team, reinforcing its market leadership. Shoucheng Holdings Ltd. plans to continue its investment in the robotics industry, focusing on empowering companies through capital and industry collaboration to promote advancements in artificial and embodied intelligence industries.
More about Shoucheng Holdings Ltd.
Average Trading Volume: 41,157,505
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$12.38B
Learn more about 0697 stock on TipRanks’ Stock Analysis page.