FilingReader Intelligence
Hangcha subsidiary acquires robotics firm for 40,100 yuan
July 18, 2025 at 09:09 AM UTC•By FilingReader AI
Hangcha Group's subsidiary Zhejiang Hangcha Intelligent Technology is acquiring a 99.23% stake in Zhejiang Guozi Robotics Technology for 40,100 yuan. The robotics firm had negative net assets of 5,004.35 million yuan but posted 6,635.83 million yuan net profit in 2024.
Separately, Hangcha is establishing joint venture Aulne Lithium Battery France with Manitou BF to expand lithium battery production globally.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
Supplementary Source Documents
Hangcha Group Co., Ltd.: announcement regarding the reply to the Shanghai Stock Exchange's 'regulatory inquiry letter concerning the acquisition of related party assets by a controlling subsidiary of Hangcha Group Co., Ltd. through capital increase and share expansion'July 18, 2025 at 08:00 AM UTC
Hangcha Group: announcement of resolutions from the 26th meeting of the seventh board of directorsJuly 18, 2025 at 08:00 AM UTC
SSE:603298•Shanghai Stock Exchange
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