Shoucheng Unit-Controlled Fund Invests in Home Cleaning Robotics Firm

MT Newswires Live

04-14

A fund managed by Shoucheng's (HKG:0697) unit Shoucheng Capital has invested in Yunjing Intelligent Innovation (Shenzhen), a Monday filing with the Hong Kong bourse said.

Yunjing specializes in developing technological products in the household robotics sector including intelligent home cleaning robots.

The investment by the Beijing Robot Industry Development Investment Fund will enable Yunjing Intelligent Innovation to boost its R&D investments in embodied artificial intelligence for household applications.

Infrastructure asset manager Shoucheng plans to continue investing in the robotics industry in the future.

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