Great Wall Motor Partners With Unitree to Bring Robots into Car Production

MT Newswires Live
09 Apr

Great Wall Motor (HKG:2333, SHA:601633) has partnered with Hangzhou Yushu Technology, doing business as Unitree Robotics, to introduce robots in car manufacturing, according to a Shanghai Stock Exchange filing on Tuesday.

The two companies will cooperate in several areas, including humanoid and quadruped robot technology, robot body software and hardware development, intelligent control systems, and intelligent space applications.

The companies aim to accelerate the transition of robot technology from the laboratory to practical industrial applications through a model of "technology co-research-scene co-creation-ecological sharing," Great Wall Motor said.

In the same filing, Great Wall Motor said the company plans to pay a cash dividend of 0.45 yuan per share to all shareholders in 2024.

Over the past three years, the carmaker has delivered about 8.95 billion yuan in dividends, it said.

Shares of Great Wall Motor fell 3% in Hong Kong and 2% in Shanghai recently.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10