ZhiXing Technology (01274.HK) will acquire a majority stake in Small Craftsman Robotics.

Zhitong Finance and Economics APP News, ZhiXing Technology (01274.HK) announced that on May 12, 2025, its wholly-owned subsidiary Amostar Robot (Suzhou) Co., Ltd. (Amostar Robot), which focuses on robot research and commercialization, signed a framework agreement for the transfer of equity with the shareholder of Suzhou Xiaogongjiang Robot Co., Ltd. (Xiaogongjiang Robot). According to the framework agreement, Amostar Robot will invest in acquiring the majority of shares of Xiaogongjiang Robot, becoming the controlling shareholder of Xiaogongjiang Robot. Xiaogongjiang Robot is a national high-tech enterprise in the robot field headquartered in Suzhou, with its main core products being intelligent integrated joints and customized mechanical arms, as well as the design and development capabilities of key components such as motors, reducers, and drivers, and has obtained over 60 related intellectual property rights.