Miracle Automation Engineering (002009.SZ) plans to sell 7% equity of UQI Intelligent for a price of 130 million yuan.

Miracle Automation Engineering (002009.SZ) announced that the company plans to transfer 7% of its equity in Uchi Intelligent for 130 million yuan to UBTECH ROBOTICS Technology, the controlling shareholder of Uchi Intelligent. After the transaction is completed, UBTECH ROBOTICS Technology will directly hold 41.4906% equity in Uchi Intelligent, while the company and its wholly-owned subsidiary Jiangsu Tianqi Borui Intelligent Equipment Development Co., Ltd. (referred to as "Tianqi Borui") will collectively hold 22.4910% equity in Uchi Intelligent, with the company directly holding 16.1596% equity in Uchi Intelligent and Tianqi Borui holding 6.3314% equity in Uchi Intelligent. The announcement stated that Uchi Intelligent is an important platform for strategic cooperation between the company and UBTECH ROBOTICS Technology. This transaction aims to support the continued acceleration of Uchi Intelligent's development, optimize its shareholder structure and internal governance structure, lay a foundation for its future independent capital operation, further consolidate its sustainable operating capabilities and market competitive advantages.