Baoxin Technology (SZSE: 002514) has entered into a "Capital Increase and Share Expansion Agreement" with Suzhou Jicui Intelligent Robotics Co., Ltd. and its shareholders, augmenting the target company's capital by RMB 20 million. Of this sum, Baoxin Technology contributed RMB 18 million, securing an 81.82% shareholding, thereby transforming Suzhou Jicui into a consolidated subsidiary. The target company's portfolio encompasses the manufacturing and sales of industrial robots, the research and development of intelligent robots, as well as system integration services.