Shenzhen Dobot Technology Co. Ltd. has completed the placement of 19,100,000 new H shares under a general mandate. This placement represents approximately 5.06% of the company's enlarged H shares. The company aims to use the raised capital to enhance its research and development efforts in intelligent robotics and other robotic areas, aligning with its business strategy to innovate and capture market opportunities. None of the placees have become substantial shareholders following the completion of the placement.
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