CHINA WANTIAN (01854) subsidiary Siasun Robot & Automation proposes a strategic cooperation agreement for the artificial intelligence industry and signs a strategic cooperation framework agreement.
China Wanjian Holdings (01854) announced that on June 18, 2026, its indirectly wholly-owned subsidiary, Shenzhen Wanjian Artificial Intelligence Technology Co., Ltd. (Wanjian AI Technology), has entered into a strategic cooperation framework agreement (Strategic Framework Agreement) with Digital China (Shenzhen) Robot Co., Ltd. (Digital China Robot) for proposed strategic cooperation in the artificial intelligence industry.
CHINA WANTIAN (01854) announced that on June 18, 2026, its indirect subsidiary Shenzhen Wantian Artificial Intelligence Technology Co., Ltd. ("Wantian Artificial Intelligence Technology") has entered into a strategic cooperation framework agreement with Digital China (Shenzhen) Siasun Robot & Automation Co., Ltd. ("Digital China Siasun Robot & Automation"), in the field of artificial intelligence.
Digital China Siasun Robot & Automation specializes in developing and manufacturing high-tech Siasun Robot & Automation products, while Wantian Artificial Intelligence Technology can benefit from the strategic advantages brought by the company's strong industry ecosystem, extensive distribution channels, and market position. According to the strategic framework agreement, the contracting parties will integrate their respective capabilities and advantages to create an innovative cooperation model in the Siasun Robot & Automation industry in China. Under this cooperation model, Digital China Siasun Robot & Automation will provide Siasun Robot & Automation products and related technical support; Wantian Artificial Intelligence Technology will utilize its industry ecosystem and distribution channels to market and sell Digital China Siasun Robot & Automation products, and use its rich management experience to oversee business operations. The collaboration aims to achieve large-scale and widespread use of humanoid Siasun Robot & Automation in intelligent interactive scenarios, with a focus on government halls, banks, commercial complexes, hospitals, and chain stores. The details of the cooperation (including the form and terms of cooperation, capital investment, allocation of responsibilities, and other implementation arrangements) will be further negotiated and formal agreements will be signed after the contracting parties have signed the strategic framework agreement.
The Board of Directors believes that the strategic cooperation conducted by the contracting parties under the strategic framework agreement will provide the Group with the opportunity to open up new growth channels, thereby achieving long-term sustainable development. This cooperation will also be a key milestone in promoting the broader application of humanoid Siasun Robot & Automation in commercial and public locations. Therefore, the Board of Directors believes that entering into the strategic framework agreement aligns with the long-term business development strategy of the Group and is in the overall interest of the company and its shareholders.
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