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FFR acquires FFAI's robotics business; Jia Yueting to serve as CEO of both US-listed companies

FFR officially completed its acquisition of FFAI's robotics business on October 23, retaining the Nasdaq ticker FFR to focus exclusively on the robotics segment, while FFAI's automotive entity will operate independently; Jia Yueting will serve as CEO of both companies. Officials expect FFR robot shipments to potentially exceed 300 units in October 2026, with cumulative shipments surpassing 1,100 units by the end of October and a full-year shipment target of about 2,000 units, all requiring positive gross margins. FFR positions itself as a pure-play humanoid and biomimetic robotics listed company, featuring its "four-core full-intelligence" robotics ecosystem and operating the RoboShare shared service platform.

Part of the event: FFR Completes Acquisition of FFAI Robotics Business and Lists on Nasdaq

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