SWANCOR released an official announcement, noting that recent media reports have floated the idea of a potential asset consolidation involving the company, its de facto controller Deng Taihua, and Zhiyuan Innovation—a firm also under Deng's control. SWANCOR clarified that, following the transition of its board of directors, it will proceed to independently conduct business dealings with related entities and delve into the development of the embodied intelligent robot sector. This move will be made on the condition that it does not lead to significant negative repercussions from peer competition (horizontal competition), does not compromise its independence, and avoids entering into related-party transactions that are blatantly inequitable. Throughout this process, SWANCOR will uphold its autonomy in personnel management, asset control, business operations, organizational structure, and financial matters.
