Zhiyuan Robotics has unveiled plans to acquire a 63.62% stake in Shanghai SPC, a company listed on the A-share market's Science and Technology Innovation Board, for a minimum of 2.1 billion yuan. This announcement has garnered significant attention from external observers. The transaction is intended to secure direct control of the listed company, not as a backdoor listing maneuver. Zhiyuan Robotics boasts comprehensive technology capabilities in "robot body + AI," with its products pervasively used across various commercial sectors and anticipated shipments to reach thousands by 2025. Upon completion of the deal, the controlling shareholder of Shanghai SPC will shift to an entity associated with Zhiyuan Robotics, and the actual controller will become Deng Taihua, with Zhi Hui Jun as a key member of the core team. Should this acquisition materialize, it will mark a pivotal acquisition case for a new-type productivity enterprise in the A-share market, post the implementation of the "Nine Policies for Encouraging Private Investment" and the "Six Policies on Mergers and Acquisitions."