Wang Zhibin, a minority shareholder in Hechuan Robotics, intends to transfer a 13% equity stake in the company to Ningbo Youlong Venture Capital Partnership, an affiliated entity, for a consideration of 1.5 million yuan. Ningbo Youlong is led by Wang Zhibin as its Executive Partner. Upon completion of this transfer, Hechuan Technology and Ningbo Youlong will jointly own the equity of Hechuan Robotics. This strategic move aims to establish Ningbo Youlong as a platform for future equity incentives.
