SAINT BELLA Group (02508) has announced its intention to participate in an investment fund focused on artificial intelligence technology applications and the embodied intelligent robotics sector. The fund has a target size of RMB 1 billion and will be managed by Shanghai Dunhong Asset Management Co., Ltd., a leading investment firm in the embodied AI robotics field. Dunhong Asset has cumulative assets under management exceeding RMB 10 billion and has invested in over 80 projects within the digital economy and frontier technology sectors, more than 80% of which are leading enterprises in their respective market segments. Recent lead investments by the firm include companies such as Hangzhou Unitree Robotics and Hangzhou Lingban Technology. The fund will primarily invest in two core areas: AI technology applications and embodied intelligent robotics. SAINT BELLA Group's investment will be funded from its operational earnings. The fund's objective is to build a strategic position in the embodied AI industry by investing in enterprises with leading technologies and high growth potential, as well as core players in the industrial chain, aiming to develop an ecosystem cluster. The Board believes that participating in this fund aligns with the Group's technology-driven strategy. This investment is expected to advance the Group's AI strategic layout into a new phase, creating deep links to technology sources and ecosystem clusters, thereby injecting robust technological momentum into the company and its long-term development. By becoming an investor in the fund, the Group anticipates it will: (a) explore strategic opportunities for the synergistic development of AI and robotics while seeking potential financial returns; (b) gain systematic access to a hardware technology ecosystem network curated by a top-tier investment institution and supported by multiple industrial partners, enabling the Group to directly engage with and position itself in next-generation disruptive technologies, particularly capturing strategic opportunities in integrated AI and robotics applications; and (c) leverage its background, data, and service network advantages in the home care sector to collaborate with leading robotics companies, exploring how to translate the Group's insights and data into robotic "intelligence" and "capability." This aims to redefine the service standards and experience boundaries of home care, lay the foundation for future service innovation, continuously strengthen the Group's technological edge in service efficiency and experience innovation, and drive the important strategic upgrade from a global leading care brand group to an intelligent home care decision-making hub. The Board considers this investment to be in the overall interests of the company and its shareholders. The investment forms part of the Group's strategy to build an integrated AI ecosystem encompassing an "intelligent core, physical hardware, and service network." It follows previous initiatives such as the launch of its self-developed large AI model and investments in vertical AI service providers, aiming to consolidate and enhance the Group's long-term core competitiveness in the industry through deep engagement with cutting-edge technologies.
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