Shares of 361 DEGREES (01361) surged 6.39% to HK$6.33 in early trading on Monday, following the announcement of a strategic cooperation agreement between its subsidiary and Standard Robots (Wuxi) Co., Ltd. The partnership aims to develop robot wearables and explore opportunities in the field of embodied intelligent robot materials.

According to the company's announcement, 361 DEGREES' wholly-owned subsidiary, 361 Degrees (Xiamen) Sports Technology Co., Ltd., signed the agreement with Standard Robots on August 17, 2025. The collaboration will leverage both companies' strengths to create innovative products for the growing robotics market, including clothing, footwear, and accessories designed specifically for robots.

This strategic move aligns with 361 DEGREES' "technology-based, brand-first" strategy and represents a significant step into the emerging field of robot wearables. The company plans to utilize its expertise in sports technology and materials to develop high-performance, lightweight solutions for embodied intelligent robots. Additionally, 361 DEGREES will assist Standard Robots in expanding its global sales network for commercial robots and gradually introduce these AI-powered robots into its own global footwear and apparel retail stores, potentially revolutionizing the retail experience for sports enthusiasts.