Group 1 - Cheetah Mobile announced the acquisition of 60.8% of UFACTORY for approximately 99.46 million RMB, increasing its total economic interest to 75.8% [1] - The acquisition has been approved by Cheetah Mobile's board and audit committee, with completion expected in Q3 2025, subject to customary closing conditions [1] - UFACTORY specializes in lightweight collaborative robots and has a comprehensive product matrix covering various degrees of freedom, providing high-quality, cost-effective solutions [2] Group 2 - UFACTORY has established a stable global customer base, with products distributed in over 80 countries, and has achieved consistent revenue growth, primarily from international markets [2] - Cheetah Mobile's CEO expressed optimism about the acquisition, highlighting UFACTORY's strong technical foundation and market expansion capabilities, which will enhance Cheetah Mobile's robotics product offerings [3] - As of March 31, 2025, Cheetah Mobile holds over $230 million in net cash, providing robust financial support for its robotics strategy [3]