Group 1 - Ningbo Fangzheng has signed a strategic cooperation agreement with Shandong Future Robot Co., Ltd to enhance industrial development in the field of industrial robots, adhering to principles of mutual benefit and long-term cooperation [1] - As of January to June 2025, the revenue composition of Ningbo Fangzheng shows that other businesses account for 70.29% while new energy structural components account for 29.71% [1] - The current market capitalization of Ningbo Fangzheng is 3.4 billion yuan [2]