Jsmart Technologies Expands Into AI, Robotics Businesses; Shares Jump 17%

MT Newswires Live

09/21

Jsmart Technologies (HKG:0567) signed a cooperation agreement with Hong Kong-based SVA Distribution to jointly develop embodied intelligence, AI computing, storage, chip and server-related businesses.

The cooperation will cover intelligent robotics in Hong Kong, Macau and Asia-Pacific, as well as AI computing and storage, according to a Monday Hong Kong bourse filing.

SVA is an authorized distributor of AGIBOT's robotics hardware, software and related services in Hong Kong.

Shares of the printed circuit boards and packaging maker jumped over 17% in recent trade.

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