Complete the reorganization of the Hong Kong robot, CHINA BEST fully lays out the "AI + humanoid robot" track

According to the Zhitong Finance APP, CHINA BEST (00370) recently announced that it has completed the restructuring of Hong Kong Robot into a joint venture with Datar. Hong Kong Robot will be accounted for as a non-wholly-owned subsidiary of the company, and its financial performance will be consolidated into the group's financial statements. From the announcement of the restructuring on March 5 to its completion, the company took only 23 days, highlighting the management's efficient execution. During the restructuring period, Hong Kong Robot has already begun planning to enter the mainland market and has secured its first potential client in the mainland market. On March 24, the company announced a collaboration with the local government of Nantong City to create the "Hong Kong Robot Health and Wellness Demonstration Zone Project," establishing a benchmark for "AI Robotics + Health and Wellness" in the Yangtze River Delta. The company will be responsible for the research and development of the artificial intelligence technology required for the project, as well as the introduction of leading domestic robot brands. According to the disclosure, Hong Kong Robot will develop and manufacture customized robots to meet customer needs for specific real-life applications, thereby providing a one-stop Model as a Service (MaaS) solution for various application scenarios, including but not limited to education, healthcare, elderly care, and property management. At the same time, Hong Kong Robot will establish a robotics research institute to form an interdisciplinary research initiative and platform that can support and promote robotics-related research, development, and applications, gathering industry partners to drive knowledge development, application, and commercialization. Datar is a unicorn company with an integrated hardware and software system of "embodied intelligent cloud brain + humanoid robot," holding over 1,800 registered patents and software rights under the company and/or its affiliates. The registered patents cover the "brain" of humanoid robots, such as the HaiRui Cloud Brain and RobotGPT model; and the "cerebellum," which refers to the motion control and collaboration systems of humanoid robots. With Datar's leading position in the industry, it is expected to accelerate market penetration in sectors such as education, healthcare, elderly care, and property management, achieving performance targets. Through the consolidation of Hong Kong Robot, CHINA BEST will also achieve significant performance growth, transforming into a true artificial intelligence company. It is worth noting that humanoid robots are just one of the tracks for CHINA BEST's artificial intelligence. The company is closely following the opportunities presented by the AI application wave and capturing mainstream application tracks, and it has also entered the AI education sector. On March 10, the company announced a joint venture with Zhongke Bianyi to establish a company primarily for smart education AI products that facilitate home-school interaction, creating a complete artificial intelligence education solution from B-end to C-end. Given CHINA BEST's efficient execution progress, the AI education joint venture is expected to be established soon, along with further market expansion actions. In fact, both civilian humanoid robots and AI education are very promising development tracks. The year 2025 is expected to be the first year of humanoid robot applications, with high-priced products from Yushu Robot on JD.com selling out, indicating strong public demand for the products. Meanwhile, education has fully integrated AI, with policies driving the promotion of AI in schools. Many schools, including K12 and vocational colleges, have already adopted AI systems, indicating a vast market space CHINA BEST has quickly completed the layout of two tracks, fully demonstrating the management's optimism about the artificial intelligence application track and confidence in the company's development. At the same time, the market is also optimistic about the company's growth, with its stock price increasing by more than 2.6 times this year. As the artificial intelligence layout deepens and the performance of the invested targets is released, the market value is expected to rise further