Cheetah Mobile announces to hold the controlling stake in UFACTORY, with a total shareholding exceeding 80%.

Leopard Mobile announced today that the company has signed an agreement through its holding subsidiary to acquire 60.8% of the shares of Shenzhen Zhongwei Chuangzao Technology Co., Ltd., a lightweight robotic arm supplier, for a total consideration of approximately 99.46 million yuan. Prior to the transaction, another wholly-owned subsidiary of Leopard Mobile already held 19.2% of UFACTORY's shares; after the completion of the transaction, the company's two subsidiaries will hold a total of 80% of UFACTORY's shares, and Leopard Mobile's ultimate economic interest in UFACTORY will increase to 75.8%, achieving a controlling stake in UFACTORY. This transaction has been approved by the Leopard Mobile board of directors and audit committee, and is expected to be completed in the third quarter of 2025, subject to customary conditions. UFACTORY is a technology company focused on the research and manufacture of lightweight collaborative robots, founded in 2013 and headquartered in Shenzhen. The company is committed to popularizing industrial technology and providing high-value, high-quality products and integrated solutions to the robotics industry and consumer customers through long-term technological innovation and accumulation. As of now, UFACTORY's products have been distributed in more than 80 countries and regions worldwide. Through the development of international market channels, UFACTORY has established a stable global customer base, achieving steady revenue growth, and is one of the few robotic arm companies in the industry that primarily target overseas markets and are profitable. Fu Sheng, Chairman and CEO of Leopard Mobile, said, "Through this transaction, we will further enrich Leopard Mobile's robot product matrix, allowing robots to cover more scenarios and operational needs in the physical world, expanding the application boundaries of robots. As of March 31, 2025, Leopard Mobile held over $230 million in net cash, providing strong financial support for our robot strategic layout."