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Estun: Currently in the process of planning to acquire equity in the embodied intelligent robotics company Estun Cozhu.

MarsBitNews
Mars Finance News, July 2: Estun announced that the cumulative deviation in the increase rate of the stock’s closing price has exceeded 20% over three consecutive trading days, which constitutes abnormal stock trading fluctuations. After verification, the company’s production and operations are normal, and there have been no significant changes in the internal or external environment. The company is currently planning to acquire the equity of its investee company, Nanjing Estun CooZlever Technology Co., Ltd., in cash through its wholly owned subsidiary. After the transaction is completed, it will indirectly hold 100% of its equity. Estun CooZlever’s main business is the research, development, production, and sales of collaborative robots, embodied intelligent robots, and their core components. Its main products are collaborative robots and embodied intelligent robots with 3–35 kg payloads, as well as their core components. The downstream application areas mainly include the automotive, home appliances, 3C electronics, and food logistics industries. The Advanced Manufacturing Industry Investment Fund Phase II (Limited Partnership) holds 23.2558% equity in the target company. (Company announcement)
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