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Zhaofeng Co. subsidiary Zhaoju Intelligent wins approximately 300 million yuan robot innovation service platform project

Zhejiang Zhaofeng Co.'s controlled subsidiary Zhaoju Intelligent has won the bid for the "Robot Innovation Service Platform Project" at a bid price of approximately 300 million yuan. Zhaoju Intelligent is a joint venture established by Zhaofeng Co. and Leju Robotics, engaged in the R&D, manufacturing, and sales of robot ball screws, roller screws, and automotive steering and braking screws. Several of Zhaofeng Co.'s screw products have entered the customer sampling stage, with some models passing performance tests and moving into small-batch trial production, while cross roller bearings for embodied intelligence have achieved batch delivery. In June, the company planned to raise no more than 1.4 billion yuan, of which 1.104 billion yuan will be invested in an industrialization project for high-end precision components for embodied intelligent robots and automotive smart driving.

Part of the event: Zhaoju Intelligent wins RMB 299.92 million robot service platform project

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