According to Mars Finance, Fulim Precision announced that it has established a wholly-owned subsidiary, Sichuan Banqiao Intelligent Robot Co., Ltd., in Fucheng District, Mianyang City, with its own funds of 50 million yuan. The subsidiary has obtained a business license issued by the Fucheng District Government Service and Administrative Approval Bureau of Mianyang City. The registered capital is 50 million yuan, with Fulim holding 100% of the shares. The company will continue to improve its technological research and development and product innovation capabilities in the field of robot electric joints, actively develop dedicated production lines for intelligent joints, a key component of humanoid robots, and promote the R&D and manufacturing level of intelligent joints for humanoid robots.
Fulim Precision: Invests 50 million yuan to establish a wholly-owned subsidiary to develop intelligent joints for humanoid robots.
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