Kailong High-Tech (300912.SZ) has disclosed its strategic move to co-establish Wuxi Kaiqi Embodied Intelligent Robot Technology Co., Ltd. (hereinafter referred to as 'Kaiqi Intelligence') alongside Wuxi Ruiao Investment Partnership Enterprise and other entities. With a registered capital of RMB 10 million, Kaiqi Intelligence will see Kailong High-Tech contribute RMB 4.6 million, securing a 46% ownership stake. This strategic investment is geared towards capitalizing on the burgeoning opportunities within the robotics sector. The newly formed entity is poised to harness its research and development prowess, synergizing it with Kailong High-Tech's established industrialization expertise and expansive market networks, to propel the expansion of robot production and penetrate into a wider array of application markets.