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Robotechnik completes asset acquisition, secures financing for expansion

May 8, 2025 at 05:17 PM UTCBy FilingReader AI

Robotechnik Intelligent Technology (SZSE:300757) announced the completion of the asset transfer related to its acquisition of Suzhou FiconTEC Technology and ficonTEC Service GmbH (FSG) and ficonTEC Automation GmbH (FAG). The company has secured financing through a combination of share issuance and cash payments. The transactions give Robotechnik 100% ownership of Suzhou FiconTEC Technology, FSG and FAG. The total transaction value reached CNY 101,177.46 with share issuance accounting for CNY 38,422.94 and cash payments accounting for CNY 62,754.52. To finance the cash portion of the acquisition, Robotechnik plans to secure a bank loan of up to CNY 628 million, using its holdings in Suzhou FiconTEC Technology as collateral. The company has received regulatory approval from the China Securities Regulatory Commission (CSRC) for the share issuance to fund the acquisition. Robotechnik is completing registration of new shares and is fulfilling payment obligations to relevant parties.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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