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UBTECH ROBOTICS Forms JV with METAX to Develop and Mass Produce Embodied AI Chips
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UBTECH ROBOTICS (09880.HK) and METAX (688802.SH) officially signed a strategic cooperation agreement to jointly establish Xixuan Chuangzhi (literal translation of "曦選創智"), focusing on the research, development and mass production of embodied AI chips. Xixuan Chuangzhi has a registered capital of RMB100 million and is jointly established by listed companies including METAX, UBTECH ROBOTICS and FENGLONG (002931.SZ). METAX and UBTECH ROBOTICS each hold a 35.01% stake, ranking as the largest shareholders on a par, while FENGLONG holds 4.7%. AASTOCKS Financial News |
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