Ningbo Fangzheng Automobile Mould (300998.SZ) signed a strategic cooperation agreement with Shandong Future Siasun Robot & Automation.

Ningbo Fangzheng Automobile Mould (300998.SZ) announcement, the company (Party A) and Shandong Future Siasun Robot & Automation Co., Ltd. (Party B) have signed a "Strategic Cooperation Agreement", both parties will establish a strategic cooperative relationship to jointly promote the industrial development in the field of Siasun Robot & Automation. According to the agreement, both parties will focus on the research and development, production, and commercial application of mechanical components for Siasun Robot & Automation in the deep sea industry. When it comes to related component products, Party B will give priority to cooperating with Party A at fair market prices. Party B will provide solutions for deep-sea Siasun Robot & Automation services, while Party A will leverage its advantages in the intelligent manufacturing industry. Both parties will jointly conduct skill training and explore application scenarios for deep-sea Siasun Robot & Automation. By utilizing their social and industry resources, they will promote the sales of deep-sea Siasun Robot & Automation products in fields such as offshore wind power, deep-sea mining, underwater communication, and strategic resource development, jointly expanding the market.