On November 5, Baoxin Science and Technology announced that the company intends to sign the Equity Investment Agreement with Zhishen Science and Technology (Beijing) Co., Ltd. and Shuyang Media Technology (Sichuan) Co., Ltd. to jointly invest in the establishment of a joint venture company in Chengdu, Sichuan.
The announcement shows that the registered capital of the joint venture company is planned to be 40 million yuan at the time of its establishment, of which Baoxin Science and Technology contributes 20.4 million yuan, accounting for 51% of the registered capital of the joint venture company, and the joint venture company will become a consolidated subsidiary of the company. It is reported that the business of the joint venture company mainly focuses on the field of humanoid robots and quadruped robots.
Baoxin Technology said: "The establishment of this joint venture is based on the company's strategic development needs, integrating the company's new energy technology, partners'intelligent technology achievements and media resources, and expanding new carriers and platforms for the company's business development." According to
the data, Baoxin Science and Technology was founded in 2001, and the actual controller is Ma Wei (the younger brother of Ma Lin, the legal representative), formerly Suzhou Baoxin Science and Technology Precision Machinery Co., Ltd., which was listed on the Shenzhen Stock Exchange in 2010. The company was originally an intelligent manufacturing-based enterprise, which crossed the border into the photovoltaic industry in 2022.
The weather is unpredictable. Not long after Baoxin Technology laid out the photovoltaic industry , the industry entered a low ebb. Previously, the digital new energy DataBM. Com was in the " cross-border 3 years, photovoltaic black horse available capacity is only 0.5g W?"? It tells about the photovoltaic journey of Baoxin Technology.
Baoxin Technology wanted to save itself by entering the photovoltaic industry, but ended up with a body injury. Now the company has found other ways to save itself. On 4 March
this year, Baoxin Technology announced that it acquired Jiangsu Yingsu Integrated Circuit Equipment Co., Ltd. through its consolidated subsidiary Zhejiang Yingsu Integrated Circuit Equipment Manufacturing Co., Ltd. (Hereinafter referred to as "Zhejiang Yingsu") for 320 million yuan in cash. (Referred to as "Shadow Speed Integration") 40% equity. After the completion of the
transaction, Zhejiang Yingsu will become the controlling shareholder of Yingsu Integration. Baoxin Technology will also enter the field of integrated circuits through this acquisition. However, according to the announcement of Baoxin Science and Technology on June 18, the company received a notification letter from Zhejiang Yingsu unilaterally terminating the transaction. It is not yet known whether the transaction will be completed. After its
entry into the integrated circuit industry was blocked, Baoxin Technology focused on the robotics industry.
On September 5, Baoxin Technology announced that the company subscribed 18 million yuan of equity in Suzhou Jicui Intelligent Manufacturing Robot Co., Ltd. (Hereinafter referred to as "Suzhou Jicui Manufacturing") with its own funds. After the completion of the transaction, Baoxin Technology will hold 81.82% of the equity of Suzhou Jicui Intelligent Manufacturing.
Subsequently, according to China Securities News, Baoxin Science and Technology signed a strategic cooperation agreement with Nanjing Yincheng Health Care Service Co., Ltd. and the two sides plan to cooperate in many fields, such as directional research and development and industrialization of intelligent health care equipment, innovation of health care service mode and so on. At the same time, the two sides also signed a sales contract for intelligent old-age robots, amounting to 66 million yuan, involving the supply of 390 intelligent old-age robots.
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