Kailong High Tech plans to hold a controlling stake in Kaichi Intelligent to expand the robot production and application market
Kailong High Tech plans to establish Kaiqi Intelligent in collaboration with multiple companies, with a registered capital of 10 million yuan. Kailong High Tech will invest 4.6 million yuan, accounting for 46%. The new company will leverage existing R&D capabilities and combine industrialization experience to expand the robot production and application market
According to the Zhitong Finance APP, Kailong High Tech (300912.SZ) announced that the company plans to jointly establish Wuxi Kaichi Embodied Intelligent Robot Technology Co., Ltd. (tentative name, referred to as "Kaichi Intelligent") with Wuxi Rui'ao Investment Partnership (Limited Partnership) (tentative name), Hubei Qiling Robot Co., Ltd., and Wuxi Xigang Hu Lingqiao Robot Co., Ltd. The registered capital of Kaichi Intelligent is 10 million yuan, of which the company has subscribed to 4.6 million yuan, accounting for 46%; Wuxi Rui'ao Investment Partnership (Limited Partnership) has subscribed to 1 million yuan, accounting for 10%; Hubei Qiling Robot Co., Ltd. has subscribed to 4.2 million yuan, accounting for 42%; Wuxi Xigang Hu Lingqiao Robot Co., Ltd. has subscribed to 200,000 yuan, accounting for 2%. The newly established holding subsidiary will rely on the R&D capabilities of Hubei Qiling Robot Co., Ltd. and the Xigang Hu Robot Intelligent Research Institute, combined with the industrialization experience and market channels of the listed company, to jointly expand the production and diversified application market of robots
