Cheetah Mobile(US:CMCM) Zheng Quan Shi Bao Wang·2025-07-29 10:29Core Insights - Cheetah Mobile announced the acquisition of 60.8% of UFACTORY for approximately 99.46 million RMB, increasing its total stake to 80% and economic interest to 75.8% [1][2] - The acquisition aims to enhance Cheetah Mobile's robotics product matrix and expand the application of robots across various physical scenarios [3] Group 1: Acquisition Details - Cheetah Mobile's subsidiary will acquire 60.8% of UFACTORY, which specializes in lightweight collaborative robots [1] - Prior to the acquisition, Cheetah Mobile held 19.2% of UFACTORY, and the deal will result in a total ownership of 80% [1] - The transaction has been approved by Cheetah Mobile's board and is expected to be completed by Q3 2025, pending customary closing conditions [1] Group 2: UFACTORY Overview - UFACTORY, founded in 2013 and headquartered in Shenzhen, focuses on the research and manufacturing of lightweight collaborative robots [2] - The company offers a range of collaborative robots with various degrees of freedom and has established a global customer base across over 80 countries [2] - UFACTORY is one of the few profitable robotic companies primarily focused on international markets [2] Group 3: Strategic Implications - Cheetah Mobile's CEO expressed optimism about the acquisition, highlighting UFACTORY's strong technological foundation and market expansion capabilities [3] - The acquisition is seen as a strategic move to accelerate the deployment of intelligent robotic solutions globally [3] - Cheetah Mobile has over $230 million in net cash as of March 31, 2025, providing strong financial support for its robotics strategy [3]