Core Viewpoint - Jiangsu Baoxin Technology Co., Ltd. has approved a capital increase and investment in Suzhou Jicui Intelligent Manufacturing Robot Co., Ltd., acquiring an 81.82% stake in the target company through an investment of 18 million yuan [3][9][10]. Meeting Details - The 17th meeting of the 6th Board of Directors was held on September 3, 2025, via electronic communication, with all six directors present, and the meeting complied with relevant laws and regulations [2][4]. Investment Overview - The company signed a capital increase agreement with Suzhou Jicui Intelligent Manufacturing Robot Co., Ltd. and its shareholders, with a total capital increase of 20 million yuan, where Baoxin Technology subscribed for 18 million yuan [3][9][10]. - After the capital increase, Baoxin Technology will hold 81.82% of the target company's shares, while Jiangsu Jicui Intelligent Manufacturing will hold 16.36%, and the original shareholder will hold 1.82% [3][9]. Target Company Information - Suzhou Jicui Intelligent Manufacturing Robot Co., Ltd. was established on June 8, 2022, with a registered capital of 2 million yuan, focusing on industrial robot manufacturing and intelligent robot research and development [14][16]. - The target company's main business includes manufacturing and sales of industrial robots, intelligent robot research, and providing system integration services [16][17]. Financial Data - The target company’s recent financial data is not explicitly provided in the documents, but it is noted that the company is not a dishonest executor and has no related party transactions with Baoxin Technology [15][16]. Feasibility Analysis - The target company has demonstrated strong competitiveness in the robot field, with significant market potential and expected rapid growth in the coming years [18]. Agreement Details - The capital increase agreement stipulates that the total registered capital of the target company will increase to 22 million yuan after the investment [19]. - The investment funds are to be used for business expansion, research and development, and production related to the main business [24]. Governance Structure - Post-investment, the governance structure of the target company will include a shareholders' meeting and a board of directors, with specific rights and obligations outlined for each party involved [30][31].

Group 1 - Baoxin Technology announced an investment of 18 million yuan to subscribe for the capital increase of Suzhou Jicui Intelligent Manufacturing Robot Co., Ltd, which will become a consolidated subsidiary after the transaction [1] - The capital increase amounts to 20 million yuan, with Baoxin Technology holding 81.82% of the target company's shares post-transaction [1] - Suzhou Jicui focuses on the manufacturing and sales of industrial robots, R&D of intelligent robots, and related system integration and services, with its flagship product being the IIMT-CI-W05 collaborative robot [1][2] Group 2 - Jiangsu Jicui Intelligent Manufacturing Research Institute emphasizes digital factory technology, intelligent equipment technology, and manufacturing execution systems, aiming to foster high-level talent and innovative breakthroughs in core technologies [2] - The robot industry is experiencing rapid growth, with significant global market potential, and the transaction is expected to contribute to the local robot industry cluster and create new employment opportunities [2] - A new project for the industrialization of 3,000 collaborative robots was launched, with a total investment of 130 million yuan, aiming to create an internationally leading smart industrial base [3]

Core Viewpoint - The global robotics industry is experiencing rapid growth, and Baoxin Technology (002514) is actively participating in this development through its investment in Suzhou Jicui Intelligent Manufacturing Co., Ltd. [1][2] Group 1: Investment Details - On September 3, Baoxin Technology signed an equity increase agreement with Suzhou Jicui and its shareholders, committing 18 million yuan of its own funds to a total capital increase of 20 million yuan [1]. - Following the capital increase, Baoxin Technology will hold 81.82% of Suzhou Jicui, which will become a consolidated subsidiary [1]. - The registered capital of Suzhou Jicui will increase to 22 million yuan after the investment [1]. Group 2: Business Overview - Suzhou Jicui, established on June 8, 2022, focuses on industrial robot manufacturing, intelligent robot R&D, and related system integration and services [1][2]. - Revenue projections for Suzhou Jicui are 3.03 million yuan in 2024 and 8.59 million yuan in the first half of 2025, with corresponding net profits of -493,100 yuan and 225,000 yuan [1]. Group 3: Technological and Competitive Edge - Suzhou Jicui has developed a star product, the IIMT-CI-W05 collaborative robot, and is also producing lightweight collaborative robots adaptable to various work environments [3]. - The company is advancing in intelligent robotics by researching algorithms such as imitation learning, reinforcement learning, and deep learning to enhance robots' perception and decision-making capabilities [3]. - Suzhou Jicui's strong technological foundation and continuous innovation in key components position it competitively within the robotics sector [2][3]. Group 4: Market Response - The strategic layout of Baoxin Technology in "new energy + robotics" has received high market recognition, leading to a significant increase in its stock price, which reached a limit up on September 3 [4]. - As of September 5, the stock price was 7.17 yuan per share, reflecting a 2.28% increase [4].

Core Viewpoint - Baoxin Technology (002514) announced an investment of 18 million yuan to subscribe for the capital increase of Suzhou Jicui Intelligent Manufacturing Robot Co., Ltd., which will become a consolidated subsidiary after the transaction is completed [2][6]. Group 1: Company Overview - Baoxin Technology's main business includes research, production, and manufacturing of new energy charging/swapping equipment and other high-end new energy equipment, as well as photovoltaic cells, new energy power station development, and charging/swapping business [2]. - After the completion of the transaction, Baoxin Technology is expected to create a new growth point for its performance [2]. Group 2: Target Company Details - The target company, Suzhou Jicui Intelligent Manufacturing Robot Co., Ltd., focuses on the manufacturing and sales of industrial robots, research and development of intelligent robots, and related system integration and services [6][8]. - The company has developed a star product, the IIMT-CI-W05 collaborative robot, known for its high precision and flexibility, suitable for various industrial applications [6][8]. Group 3: Financial Information - As of June 30, 2025, the target company's net assets were -1.82 million yuan, with a revenue of 8.59 million yuan and a net profit of 225,000 yuan for the first half of 2025 [6]. Group 4: Technological Advancements - The target company is exploring embodied intelligence and has developed various core technologies and components, including a direct current frameless motor and high-precision dual magnetic encoders [8]. - It is also researching algorithms such as imitation learning, reinforcement learning, and deep learning to enhance the robots' perception, cognition, and autonomous decision-making capabilities [8]. Group 5: Industry Context - The robotics industry is experiencing rapid growth, with significant global market potential expected to continue in the coming years [12]. - The target company is backed by Jiangsu Province's intelligent manufacturing research institute, focusing on digital factory technology, intelligent equipment technology, and manufacturing execution systems [10][12].

Investment Overview - Jiangsu Baoxin Technology Co., Ltd. has approved a capital increase of 20 million yuan in Suzhou Jicui Intelligent Manufacturing Co., Ltd., with Baoxin contributing 18 million yuan, resulting in an 81.82% ownership stake post-investment [1][2] - The investment is part of the company's strategic development needs to create new platforms for business expansion [13] Target Company Information - Suzhou Jicui Intelligent Manufacturing Co., Ltd. was established on June 8, 2022, with a registered capital of 2 million yuan, focusing on industrial robot manufacturing and related services [5][6] - The company has reported total assets of 287.23 million yuan and total liabilities of 469.24 million yuan as of June 30, 2025, indicating a negative net asset position of -182.01 million yuan [6] Financial Performance - For the first half of 2025, the target company generated a revenue of 859.10 million yuan, recovering from a net loss of 49.31 million yuan in 2024 to a net profit of 22.50 million yuan [6] Business Operations - The target company's main business includes the manufacturing and sales of industrial robots, with a flagship product being the IIMT-CI-W05 collaborative robot, known for its high precision and flexibility [7] - The company is also engaged in advanced technologies such as navigation, 3D visual inspection, and system integration, aiming to enhance automation across various industrial applications [7][8] Investment Agreement Details - The capital increase agreement stipulates that the new capital will be fully allocated to the registered capital, raising the total to 22 million yuan [8][9] - The agreement includes provisions for the use of funds, governance structure, and conditions for the completion of the investment [10][11][12]

Meeting Details - The sixth board meeting of Jiangsu Baoxin Technology Co., Ltd. was held on September 3, 2025, via electronic mail notification, with all directors consenting to waive the notice period [1] - The meeting was attended by all six directors and was presided over by the chairwoman, Ma Lin [1] Investment Decision - The board approved an investment agreement for capital increase in Suzhou Jicui Intelligent Manufacturing Technology Research Institute Co., Ltd. [2] - The total capital increase is 20 million yuan, with Baoxin Technology subscribing for 18 million yuan and Jiangsu Jicui subscribing for 2 million yuan [1] - Post-investment, Baoxin Technology will hold 81.82% of the target company's shares, Jiangsu Jicui will hold 16.36%, and Lu Zigui will hold 1.82% [1][2] Voting Results - The proposal received unanimous approval with 6 votes in favor, 0 against, and 0 abstentions [2]

Group 1 - The company Baoxin Technology (002514.SZ) has signed an investment agreement with Suzhou Jicui Intelligent Manufacturing Robot Co., Ltd. and its shareholders, involving a capital increase of 20 million yuan, with Baoxin Technology investing 18 million yuan [1] - After the capital increase, Baoxin Technology will hold 81.82% of the shares in the target company, while Jiangsu Jicui Intelligent Manufacturing will hold 16.36%, and Lu Zigui will hold 1.82% [1] Group 2 - Suzhou Jicui Intelligent Manufacturing Robot Co., Ltd. focuses on the manufacturing and sales of industrial robots, research and development of intelligent robots, and related system integration and services [2] - The target company specializes in collaborative robots, with its flagship product being the IIMT-CI-W05 collaborative robot, known for its high precision and flexibility, suitable for various industrial applications [2] - The company has developed various core technologies and components, including a direct current frameless motor and high-precision dual magnetic encoders, and is actively researching algorithms such as imitation learning, reinforcement learning, and deep learning to enhance robot capabilities [2] - The company offers smart factory solutions that integrate technologies like three-dimensional warehousing, AGV navigation, and MES software development for system simulation and optimization [2] - The company has launched a coffee delivery robot that combines collaborative robot and unmanned vehicle technology, capable of voice ordering and automated service, primarily used in commercial complexes and office buildings [2] - The company has developed several indoor unmanned vehicle products that utilize advanced radar-vision fusion navigation and obstacle avoidance technology, enabling a fully automated process from production to logistics [2] Group 3 - The external investment is based on the strategic development needs of the company, aimed at creating new platforms and carriers for business expansion [3]

Group 1 - The core point of the article is that Baoxin Technology (SZ 002514) announced a board meeting to discuss investment in Suzhou Jicui Intelligent Manufacturing Robot Co., Ltd. [1] - For the first half of 2025, Baoxin Technology's revenue composition was 92.76% from intelligent manufacturing and 7.24% from new energy [1] - As of the report, Baoxin Technology has a market capitalization of 5 billion yuan [1] Group 2 - The article also highlights the challenges faced by Haidilao, noting that its sub-brands have a survival rate of less than 50% [1]

Core Viewpoint - Baoxin Technology (002514.SZ) has signed a capital increase agreement with Suzhou Jicui Intelligent Manufacturing Robot Co., Ltd., acquiring an 81.82% stake in the target company after a capital increase of 20 million yuan [1] Group 1 - The capital increase involves Baoxin Technology investing 18 million yuan, while Jiangsu Jicui Intelligent Manufacturing Technology Research Institute and Lu Zigui will invest 2 million yuan and waive their preemptive rights respectively [1] - Following the completion of this transaction, the target company will become a consolidated subsidiary of Baoxin Technology [1]

Core Viewpoint - Baoxin Technology (002514) has signed a capital increase agreement with Suzhou Jicui Intelligent Manufacturing Robot Co., Ltd., acquiring an 81.82% stake after a capital increase of 20 million yuan, with the company investing 18 million yuan [1] Group 1 - The capital increase agreement was signed on September 3, and the announcement was made on September 4 [1] - The capital increase amounts to 20 million yuan, with Baoxin Technology subscribing for 18 million yuan [1] - After the capital increase, Baoxin Technology will hold 81.82% of Suzhou Jicui Intelligent Manufacturing Robot Co., Ltd. [1] Group 2 - Suzhou Jicui Intelligent Manufacturing Robot Co., Ltd. specializes in the manufacturing and sales of industrial robots, research and development of intelligent robots, and related system integration and services [1]