Toua H&T plans to participate in the establishment of Tengya Kezhong to engage in robotics joint-related businesses

Toua H&T announced plans to jointly invest with Nanjing Yunji, Hunan Kezhong, and Beijing Sanjiu San to establish Toua Kezhong, engaging in robotics joint-related business. The registered capital of Toua Kezhong is 10 million yuan, of which Toua H&T contributes 4 million yuan, accounting for 40%; Nanjing Yunji contributes 2 million yuan, accounting for 20%; Hunan Kezhong contributes 3.2 million yuan in technology, accounting for 32%; and Sanjiu San contributes 800,000 yuan, accounting for 8%

According to the Zhitong Finance APP, Toua H&T (301125.SZ) announced that the company plans to jointly invest with Nanjing Yunji, Hunan Kezhong Brothers Technology Co., Ltd. (referred to as "Hunan Kezhong"), and Beijing Sanjiu San Technology Co., Ltd. (referred to as "Sanjiu San") to establish Toua Kezhong for the development, production, and sales of robotic joints. The registered capital of Toua Kezhong is RMB 10 million, of which the company will contribute RMB 4 million in cash, accounting for 40% of the joint venture's registered capital; Nanjing Yunji will contribute RMB 2 million in cash, accounting for 20% of the joint venture's registered capital; Hunan Kezhong will contribute RMB 3.2 million in technology, accounting for 32% of the joint venture's registered capital; and Sanjiu San will contribute RMB 800,000 in cash, accounting for 8% of the joint venture's registered capital