Zhejiang Xiantong (603239.SH): Signed an investment cooperation framework agreement with Haohai Xingkong, which belongs to a new business that the company has not yet conducted and carries uncertainty risks.

date
24/09/2025
Intelligent Financial News APP, Zhejiang Xiantong (603239.SH) announced a price fluctuation notice, stating that the "Investment Cooperation Framework Agreement" signed with Haohai Xingkong is only a framework agreement, not involving specific business, orders, or amounts. The specific cooperation matters and implementation progress have uncertainties. This cooperation still needs to sign a formal agreement, requires approval from the board of directors, and has uncertainties and risks; The cooperation matters are related to the robotics business, which is not related to the company's main business, belongs to a new business that the company has not yet engaged in, and poses uncertainties and risks to the company's future operations; Haohai Xingkong completed industrial and commercial registration on May 15, 2025. It is a new legal entity, currently in the start-up stage, the industry in which the target company operates is heavily competitive, and there are uncertainties and risks in future business development and cooperation with the company; The plan to establish a joint venture company may also result in lower-than-expected investments due to the operational risks, industry competition risks, and risks of product and technological innovation present in the joint venture company.