HK Stock Market Move | CHINA WANTIAN (01854) rose by more than 4%, entering into a strategic cooperation agreement in the field of AI-driven exoskeleton Siasun Robot & Automation with its subsidiary Hengyang Jisuo.

CHINA WANTIAN (01854) rose more than 4%, as of the time of writing, it has risen by 3.39% to 1.22 Hong Kong dollars, with a trading volume of 8.8986 million Hong Kong dollars. On the news front, recently, CHINA WANTIAN announced that its indirect wholly-owned subsidiary, Shenzhen Wantian Artificial Intelligence Technology Co., Ltd. (Wantian Artificial Intelligence Technology), has entered into a strategic cooperation framework agreement with Hengyang Jisuo Medical Technology Co., Ltd. (Hengyang Jisuo) regarding the recommendation for strategic cooperation in the field of AI-driven exoskeleton Siasun Robot & Automation products and intelligent medical solutions. After all reasonable inquiries by the board of directors, it is known, understood, and firmly believed that Hengyang Jisuo and its ultimate beneficial owners are independent third parties from the company and its related parties. The strategic cooperation between Wantian Artificial Intelligence Technology and Hengyang Jisuo aims to leverage the complementary advantages of both parties in the commercialization and application of medical and consumer-grade exoskeleton Siasun Robot & Automation products. Hengyang Jisuo possesses advanced exoskeleton Siasun Robot & Automation technology and product development capabilities, while Wantian Artificial Intelligence Technology has various advantages, including access to a large amount of industry resources brought by the company and strong market capabilities. It is expected that this cooperation will provide various application scenarios for the commercialization of Siasun Robot & Automation technology.