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XPENG-W Invests RMB600M to Establish New Firm for Robotics Biz: Report
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Guangzhou Pengyan Technology, a subsidiary wholly owned by Guangzhou Xiaopeng Automotive Technology under XPENG-W (09868.HK), was recently established with a registered capital of RMB600 million, Chinese media reported, citing Qichacha information. The business scope of the newly established company covers the R&D of intelligent robots, manufacturing of service consumer robots, and production of wearable smart devices and virtual reality equipment. Auto-translated by AI AASTOCKS Financial News |
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