Hong Kong Stock Moves | ROBOTPHOENIX (06871) Surges Over 3% After Inking Non-Exclusive Regional Agency Deal with Saudi Arabia's Swarm Robotics

Stock News
08/04

ROBOTPHOENIX (06871) shares rose more than 3%, trading at 26.28 Hong Kong dollars as of press time, with a turnover of 3.1961 million Hong Kong dollars.

On the news front, according to an official announcement from ROBOTPHOENIX, at the inaugural LEAP East International Technology and Information Technology Exhibition, the company successfully signed a strategic cooperation agreement at the exclusive booth of Saudi Arabia's leading robotics technology firm, Swarm Robotics. This formalizes a non-exclusive regional agency partnership of significant depth.

Swarm Robotics has established a comprehensive local customer channel, industry resource network, and one-stop service implementation system. It is deeply connected with local enterprises and foreign factory resources in Saudi Arabia, and is well-versed in local market rules, project implementation standards, and after-sales service norms. Under this collaboration, Swarm Robotics will provide full-spectrum local support to ROBOTPHOENIX for market expansion, product deployment, and compliance operations.

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