Shenhao Technology has revealed its intention to invest 70 million yuan in the establishment of a wholly-owned subsidiary in Hangzhou. This initiative represents a strategic shift for the company, which has traditionally concentrated on maintenance services for power grids and rail transportation. The new subsidiary will focus on advancing the company's capabilities in industrial robotics and artificial intelligence applications. This investment underscores Shenhao Technology's commitment to evolving its business model and embracing embodied intelligence to remain competitive in the rapidly changing technological landscape.
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Original from leaderobot.com: Why is Shenhao Technology Establishing a Subsidiary in Hangzhou with 70 Million Yuan?
Why is Shenhao Technology Establishing a Subsidiary in Hangzhou with 70 Million Yuan?
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