Zhejiang Xiantong: Intends to increase capital by 40 million yuan for Haohai Xingkong.

date
24/09/2025
Zhejiang Xiantong announcement, the company signed an investment cooperation framework agreement with Shanghai Haohai Xingkong Robot Co., Ltd. on September 23, 2025. According to the agreement, the company plans to increase its capital in Haohai Xingkong by 40 million yuan, and after the increase, it will hold 10% of Haohai Xingkong's shares. After the capital increase, the company and Haohai Xingkong plan to establish a joint venture company, with Zhejiang Xiantong holding a controlling stake, registered in Xianju County, Taizhou City, Zhejiang Province, aiming to build a robot assembly plant. This investment will not have a significant impact on the company's financial situation and operating results for the current year.