Core Insights - BASF SE has signed a Memorandum of Understanding (MoU) with Mingxin Xuteng New Materials Co., Ltd. to deepen its involvement in the robotics sector [1][2] - The collaboration aims to optimize the material performance of robotic components using innovative material combinations such as polyurethane, thermoplastic polyurethane, and engineering plastics [1][2] Company Overview - Mingxin Xuteng is a high-tech enterprise focused on the research, development, and sales of automotive interior materials, particularly in the field of genuine and eco-friendly leather [1] - BASF has been a significant partner for Mingxin Xuteng since 2021, particularly in the eco-friendly leather sector, leveraging its solvent-free synthetic leather material, Haptex [1] Strategic Vision - The chairman of Mingxin Xuteng expressed confidence in the growing integration of robotics into daily life, highlighting the strategic alignment between both companies regarding market potential [2] - BASF's senior director emphasized the company's technical expertise and experience in polyurethane and engineering plastics, which will contribute to the advancement of the robotics industry [2]

Core Viewpoint - BASF and Fourier Intelligent Technology Co., Ltd. signed a memorandum of cooperation to evaluate and develop new material solutions for various robotic applications [1] Group 1: Partnership Details - The strategic cooperation aims to explore the application and development of engineering plastics, polyurethane, and thermoplastic polyurethane in robotics and its components [1] - The collaboration is initiated by BASF Venture Capital (BVC), the venture capital arm of the BASF Group, which has facilitated numerous business collaborations since 2001 [1] Group 2: Leadership Statements - Fourier's CEO, Gu Jie, expressed optimism that the partnership with BASF will help achieve breakthroughs in embodied intelligent body research and accelerate the iterative development of the intelligent robotics industry [1] - Andy Postlethwaite, BASF's Senior Vice President and Head of Specialty Materials for the Asia-Pacific region, highlighted the goal of developing cutting-edge material solutions by leveraging each party's unique strengths and expertise [1] Group 3: Industry Context - This collaboration marks the first partnership in the robotics industry initiated in China by BASF Venture Capital [1]