HUAZHONG IN-V Holdings (06830) reached a strategic cooperation with Molitech, focusing on four major directions in the field of embodied intelligence.

On October 15th, HUAZHONG IN-V Holdings (06830) and Moli Technology held a strategic cooperation signing ceremony in Xiangshan, Ningbo. Both parties announced that they will focus on four key areas for deep cooperation: AI empowerment, Siasun Robot&Automation application, dexterous hand development application, and lightweight material innovation, to drive industrial upgrading through technological innovation. At the signing ceremony, Zhou Yue, investment manager of HUAZHONG IN-V Holdings, stated that both parties will focus on the four key areas for deep cooperation. In terms of AI empowerment, they will jointly develop AI solutions for the entire automotive parts production process, achieving intelligent quality monitoring, predictive maintenance of equipment, and autonomous optimization of production processes to enhance production efficiency and product quality. In the application of Siasun Robot&Automation, Moli Technology plans to integrate its advanced Siasun Robot&Automation technology deeply into core production lines such as wrapping, painting, and gluing at HUAZHONG, breaking through traditional automation limitations, achieving flexible production, and enhancing the flexibility and adaptability of production lines. In the field of dexterous hand development application, based on HUAZHONG's application scenarios and advanced manufacturing capabilities, along with Moli Technology's full-stack algorithms, the two parties will jointly develop and launch the dexterous hand brand to enhance the operational accuracy and intelligence level of Siasun Robot&Automation in complex environments. In terms of lightweight material innovation, HUAZHONG IN-V Holdings will leverage its professional expertise in lightweight materials to empower the next generation of Siasun Robot&Automation development, enhancing its agility, endurance, and safety in human-machine collaboration, driving Siasun Robot&Automation technology to new heights. From the backgrounds of the cooperation parties, HUAZHONG IN-V Holdings is an automotive parts manufacturer specializing in automotive interior and exterior parts and body structural components, and is a Hong Kong-listed company under Ningbo Huaxiang Electronic Group. Its main products include automotive interior and exterior parts, automotive engine components, automotive air conditioner casings, automotive decorative fabrics, yacht engine hood components, etc. Currently, HUAZHONG IN-V Holdings is a tier one supplier for domestic and foreign automotive OEMs such as FAW-Volkswagen, SAIC-Volkswagen, SAIC-GM, Beijing Benz, Volvo, Changan Ford, and Chery Jaguar Land Rover. As automotive parts manufacturing and Siasun Robot&Automation manufacturing have technological synergies, the automotive parts industry has been increasing its focus on Siasun Robot&Automation tracks this year to create a second growth curve, with the developed automotive parts industry of Zhejiang province showing significant performance. According to Zheshang statistics, Zhejiang currently has over 100 companies related to humanoid Siasun Robot&Automation, with over 40 listed companies on the A-share market. Moli Technology was established in 2021 as an AI technology innovation enterprise focusing on algorithm research and application in Siasun Robot&Automation vision, position control, force control, and intelligent end-point technologies. They have developed flying inspection Siasun Robot&Automation, ironing Siasun Robot&Automation, polishing Siasun Robot&Automation, and assembly Siasun Robot&Automation technologies. During the signing ceremony, Moli Technology CEO Yu Qiong stated that the cooperation aims to bring AI technology into manufacturing sites to address industry pain points such as complex manual operations in automotive interior wrapping processes and low yield rates. The introduction of AI vision, dexterous intelligence, and agile hand technologies can stabilize quality, improve efficiency, reduce costs, reconstruct data-driven production, machine-understood processes, and innovate feedback industry manufacturing logic. Zhou Yue emphasized that this cooperation will be a catalyst for further collaboration with technology companies, universities, and industry chain partners to explore in the fields of intelligent manufacturing, new energy, and lightweight materials. In the future, they will jointly promote intelligent manufacturing to move out of the laboratory and become a real force driving high-quality development of the Chinese economy.