Shoucheng Holdings Ltd. Invests in Matrix Technology, Boosting Robotics and AI Advancements

Reuters
Jun 20
Shoucheng Holdings Ltd. Invests in Matrix Technology, Boosting Robotics and AI Advancements

Shoucheng Holdings Limited has announced a strategic equity investment in Matrix Technology (Dongguan) Co., Ltd. through its managed funds, the Beijing Robot Industry Development Investment Fund and the Beijing Shoudaxingye Equity Investment Center. Matrix Technology specializes in developing flexible tactile sensors, a crucial component in the robotics sector. This investment aims to enhance product innovation and speed up the commercialization of embodied intelligence technology. The move aligns with Shoucheng Holdings' commitment to advancing the robotics industry by fostering industrial synergy and integrating resources across its portfolio companies to boost development in intelligent manufacturing and artificial intelligence.

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