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Shenkai Holding has released an announcement confirming that its wholly-owned subsidiary, Shenkai Energy Technology, has successfully negotiated a capital increase agreement with Shandong Future Robotics Co., Ltd. and its current shareholders. Pursuant to this agreement, Shenkai Energy Technology intends to invest 15 million yuan in cash. Upon the conclusion of this transaction, Shenkai Energy Technology will acquire a 1.099% equity stake in Shandong Future Robotics. Shandong Future Robotics is a leading company specializing in deep-sea operational robots (ROVs) and underwater heavy-load operational systems, boasting a proven track record of commercial success across various industries, including deep-sea oil and gas engineering and offshore wind power. This strategic investment aims to bolster Shenkai Holding's competitive edge in the offshore oil and gas equipment sector.
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