Longsheng Technology announced that the company and its holding subsidiary Longsheng Weirui signed a cooperation agreement with the People's Government of Binhu District of Wuxi City and the Lihu Subdistrict Office to invest in the construction of the Jiangsu Longsheng Weirui Intelligent Robot Innovation Center project. The total investment amount of the project is about 350 million yuan, of which the company undertook about 200 million yuan and Longsheng Weirui undertook about 150 million yuan. The project will focus on research and development and industrialization of applications in the artificial robot industry, build an “integrated two-wing” competitive advantage, and help the company build differentiated competitive barriers in the field of robotics.

Longsheng Technology announced that the company and its holding subsidiary Longsheng Weirui signed a cooperation agreement with the People's Government of Binhu District of Wuxi City and the Lihu Subdistrict Office to invest in the construction of the Jiangsu Longsheng Weirui Intelligent Robot Innovation Center project. The total investment amount of the project is about 350 million yuan, of which the company undertook about 200 million yuan and Longsheng Weirui undertook about 150 million yuan. The project will focus on research and development and industrialization of applications in the artificial robot industry, build an “integrated two-wing” competitive advantage, and help the company build differentiated competitive barriers in the field of robotics.