STARPLUS LEGEND (06683) and Yushu Technology cooperate to win an order worth over 100 million yuan for robotic dogs!
Following the announcement on November 4th of the cooperation between "Giant Star Dog" and Ushu Technology and the acquisition of a multi-million dollar order from Weigang Technology, on November 5th, Giant Star Legend (06683) announced that this innovative product has secured a large order of 5,000 units from Cloud Factory Technology Holdings Limited, with a total contract value exceeding 100 million Chinese yuan.
Following the announcement of the cooperation with Yushu Technology on November 4th, the "Star Dog" from STARPLUS LEGEND (06683) received a multimillion-dollar order from Weigang Technology on November 5th. The announcement stated that this innovative product has secured a large order of 5000 units from CLOUD FACTORY Technology Holdings Limited, with a total contract amount exceeding 100 million RMB. Securing two important orders in two consecutive days signals that the commercialization of the "Star Dog" is entering an accelerated phase.
In the announcement, STARPLUS LEGEND expressed that by integrating IP content with intelligent Siasun Robot & Automation, they are driving technological products towards a trend of entertainment and consumerization, achieving a deep integration of IP content with intelligent hardware, and further promoting the implementation and application of the "IP+Siasun Robot & Automation+AI" integration model. The sales promotion of the "Star Dog" signifies the further extension of the company's IP value chain, facilitating the transformation of IP from content creation to physical scenes, and providing solid support for building an integrated ecosystem of "IP+Technology" for the company.
The achievement of the multimillion-dollar order this time is another concentrated outbreak of market demand for the "Star Dog", following the validation of the first order from Weigang Technology. As the first intelligent Siasun Robot & Automation product resulting from the strategic cooperation between STARPLUS LEGEND and Yushu Technology, the "Star Dog" has been attracting attention since the cooperation was announced. On July 30th, STARPLUS LEGEND announced a global strategic partnership with Yushu Technology in the field of Siasun Robot & Automation, aiming to jointly create consumer-grade Siasun Robot & Automation products with strong IP attributes. On September 13th, the "Star Dog" made its first public appearance during the opening ceremony of the Shanghai Tourism Festival parade. Prior to this (November 4th), the announcement indicated that the "Star Dog" is expected to complete testing this year and begin mass production early next year.
In their cooperation, STARPLUS LEGEND is responsible for the core IP planning, design, AI interaction of the collaborative products, and will lead global marketing strategies, while Yushu Technology is responsible for the technical, hardware development, production of collaborative products, and the development of related applications. Both parties will jointly promote and sell the collaborative products through distribution channels. This complementary cooperation model ensures that the "Star Dog" not only has a strong IP appeal but also guarantees the excellence of the product's technological quality. STARPLUS LEGEND stated that this large order is another important progress after the first batch of sales orders for the product, reflecting the continuous recognition of the market for the company's IP empowerment capabilities.
STARPLUS LEGEND revealed that in addition to product sales, the company will also deepen the commercial value of intelligent Siasun Robot & Automation in scenarios such as concerts and performances through cooperation with Yushu Technology, thereby enhancing the company's business competitiveness. The scope of the cooperation between the two parties not only covers STARPLUS LEGEND's artist resources but will also extend to a wide range of artists to expand IP collaboration opportunities. Just this week, STARPLUS LEGEND also announced becoming a strategic shareholder of Galaxy through an industry fund, which is seen as a key move in its global IP layout, as the latter has globally influential artists such as G-Dragon, Kim Jong-kook, and Song Kang-ho.
Market analysts believe that the signing of consecutive large sales contracts signifies substantial progress for the company in the field of quadruped Siasun Robot & Automation IP, successfully promoting the IPization and commercialization of quadruped robot products. With the continuous deepening of the "IP+Technology" strategy, STARPLUS LEGEND is building a more diverse value creation system, opening up broader imagination space for investors.
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