News express

Recently, Goocoo Robot and Sichuan Haote Electric Co., Ltd. formally signed an investment agreement, investing RMB 54 million yuan in Haote Electric, purchasing 60% of Haote Electric shares. On June 20, Sichuan Haote Electric Co., Ltd. was renamed “Goocoo Haote Electric Co., Ltd.”. The initial investment of RMB 10 million yuan has been paid, and the follow-up investment will be completed in 2 months.

It is reported that Haote Electric has an industry-university-research cooperation with Tsinghua University in robot R&D and innovation, and has strong technological support. Goocoo Group is the comprehensive, international enterprise group, integrating industrial investment, modern service industry and infrastructure construction, investing emerging technological industries such as intelligent manufacturing and new energy. According to the development planning, Goocoo Haote Electric Co., Ltd. will invest RMB 120 million yuan to expand production scale, and the market sales is expected to be RMB 500 million yuan in three years.