Yuefeng Group has announced that, based on the background and content of cooperation outlined in the "Robotics Strategic Cooperation Agreement" signed by both parties, the company has recently further signed the "Humanoid Robot Parts Entrusted Processing Technology Agreement" with a certain intelligent technology company. To achieve the goals of reducing production costs, enhancing product performance, and improving production efficiency, this intelligent technology company has specially entrusted Yuefeng Group with material selection, design, development, and subsequent deep processing work for robot parts. After technical exchanges and evaluations between both parties, it was confirmed that the company possesses all necessary qualifications, technical capabilities, and production conditions to fulfill all tasks under this agreement.
The company plans to establish Shanghai Yuefeng Robotics Technology Co., Ltd. at the IRIC Intelligent Manufacturing and Robotics International Innovation Center in Jiading District, Shanghai. This new company will focus on the research, innovation, and market sales of lightweight materials and parts for robots, further deepening the company's layout in the robotics industry and promoting strategic transformation. As an important vehicle for industrial synergy between Yuefeng Group and the intelligent technology company, Yuefeng Robotics will further expand the depth of cooperation in areas such as lightweight material supply, customized part development, and joint R&D, continuously solidifying the foundation for strategic cooperation. Meanwhile, Yuefeng Robotics will fully leverage the high-quality industrial ecosystem, rich customer resources, and comprehensive supporting facilities of the local industrial park to precisely align with market demands for robots, continuously improve core team configurations in key areas such as core technology R&D, product design, and market operations within the field of robotics, and strengthen technological innovation and market responsiveness.