Group 1 - Cheetah Mobile Inc. announced the acquisition of a 60.8% equity interest in Shenzhen UFACTORY Technology Co., Ltd. for approximately RMB99.5 million, increasing its total ownership in UFACTORY to about 75.8% [1][2] - The acquisition has been approved by the board of directors and is expected to close in the third quarter of 2025, pending customary closing conditions [2] - The acquisition will be funded through Cheetah Mobile's cash reserves, which amounted to over USD230 million as of March 31, 2025, providing the company with flexibility for strategic investments [3] Group 2 - UFACTORY is recognized as a leading provider of lightweight collaborative robotic arms, generating net profits and substantial revenue from international markets [4][5] - The company offers a diverse portfolio of robotic arms and accessories, designed for adaptability across various use cases, which has contributed to its loyal global customer base [5] - Cheetah Mobile aims to enhance its product portfolio in AI and robotics through this acquisition, supporting its mission to deliver smarter and more adaptable robotics solutions [3]