H&T Intelligent Control, Damon Technology Subscribe to Robotics Industry Fund

MT Newswires Live09-09

Electronic control system manufacturer Shenzhen H&T Intelligent Control (SHE:002402) and logistics component maker Damon Technology Group (SHA:688360) subscribed into a 31.3 million yuan partnership fund, according to a Saturday filing on the Shenzhen Stock Exchange.

Both companies invested 10 million yuan each into the fund's capital.

The seven-year fund, Jiaxing Jianyuan Equity Investment Partnership (Limited Partnership), will invest in companies producing humanoid robots, the filing said.

The fund's other partners are Hardcore Nut (Beijing) Private Equity Fund Management, Hainan Xinheda Enterprise Management Partnership (Limited Partnership), Ningbo Jiagu Enterprise Management Partnership (Limited Partnership), Gao Lili and Beijing Zhonghe Hongxin Culture and Art.

Price (RMB): Â¥9.10, Change: Â¥-0.090, Percent Change: -0.98%

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