Shanghai Beite Technology Invests RMB 1.85 Billion in Planetary Roller Screws for Humanoid Robots
Shanghai Beite Technology (603009), a mid-sized Chinese automotive parts manufacturer, is investing over RMB 1.85 billion in planetary roller screws, a key component for humanoid robots. This investment represents more than ten years of the company's profits and is part of its strategy to enter the...