Core Viewpoint - The company, UBTECH Robotics (stock code: 09880), has announced the acquisition of a 7% stake in Wuxi Youqi from Tianqi Automation Engineering for a total consideration of RMB 130 million, which will increase its ownership in Wuxi Youqi to approximately 41.49% [1] Group 1: Acquisition Details - The acquisition is subject to the terms and conditions of the share transfer agreement [1] - Post-acquisition, the company will maintain over 50% voting rights in Wuxi Youqi, which will continue to operate as a non-wholly-owned subsidiary [1] Group 2: Business Focus of Wuxi Youqi - Wuxi Youqi specializes in providing logistics robot products and services to well-known domestic new energy vehicle companies, tire industry clients, and global customers [1] - The company focuses on five core industries: automotive, tire, 3C electronics, batteries, and e-commerce [1] Group 3: Strategic Rationale - The acquisition is based on the company's assessment of the future development prospects of the embodied intelligent humanoid robot industry [1] - Increasing the stake in Wuxi Youqi is expected to facilitate the strategic development of large-scale deployment of embodied intelligent humanoid robots in industrial scenarios, aligning with the company's overall strategic planning [1]