Smart Open Machine Economy
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Robo.ai Inc. Submits Application to Participate in the Pre-Restructuring Strategic Investor Selection of Shanghai JIDU Automobile Co., Ltd.
Prnewswireยท 2025-12-19 13:20
Core Insights - Robo.ai Inc. has submitted an application to participate in the pre-restructuring of Shanghai JIDU Automobile Co., Ltd., aligning with its strategic transformation towards a "Smart Open Machine Economy" [1][4] - JIDU Auto is recognized as a pioneer in "robot car" technology, having developed multiple advanced intelligent assisted-driving models since 2023, which aligns with Robo.ai's ambitions [2][3] - Robo.ai aims to leverage its unique structure to explore synergies with JIDU Auto, focusing on international capital markets and expanding into high-growth global markets [3] Company Developments - Robo.ai has completed the application submission and will proceed with due diligence and negotiation of the Pre-Restructuring Investment Plan, following the payment of a due diligence deposit [4] - The restructuring process is preliminary and subject to review and negotiations with the provisional administrator and creditors, as well as court approval [4]
X @BNB Chain | BNB Hack Dec 5-6 ๐ฆ๐ช
BNB Chainยท 2025-12-04 04:32
Event Announcement - Arkreen Network is co-hosting the S.O.M.E (Smart Open Machine Economy) Networking Dubai event during Binance Blockchain Week [1] - The event will take place on December 5, 2025, in Dubai [1] - BNB Chain Head of Global BD Sarah S will be speaking at the event [1] Partners - The event is presented by a variety of organizations including Robo AI, W Motors, Hash Global, BNB Chain, Zand, Changer, Hotspotty, Tlay, Pianoken POP, Fibocom IoT, Global JDI, MetaEraHK, and CryptoFi Forum [1]