UBTECH ROBOTICS CORP LTD Class H (HK:9880) has released an update.
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UBTECH Robotics Corp Ltd has announced the conclusion of legal proceedings with Shanghai PartnerX Robotics, which withdrew its case regarding a patent dispute. The decision by the Shanghai Intellectual Property Court to allow this withdrawal means there will be no impact on UBTECH’s business operations or financial performance. Investors and shareholders are advised to remain cautious when trading the company’s securities.
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