Topstar plans to establish two subsidiary robots and industrial IoT

In a midday announcement issued on March 24, Toostar announced that in order to further deepen the company’s R&D and manufacturing business, the company plans to establish a wholly-owned subsidiary in Suzhou Wuzhong Economic and Technological Development Zone with a registered capital of RMB 100 million for the first phase. With an investment of 300 million yuan, it is mainly engaged in the R&D, manufacturing, and sales of robots, automation control systems, and other smart equipment.

Topstar stated that it intends to sign a related agreement with the management committee of Suzhou Wuzhong Economic and Technological Development Zone to purchase 200 mu of industrial land in the Wuzhong Economic and Technological Development Zone in the name of a subsidiary set up by the company. The first phase will be 100 mu (based on the actual land area transferred). Prevail), for the construction of the subsidiary company's factory, the final transaction amount is based on the listed transaction price, and the subsidiary company will complete the construction of 40,000 square meters of the factory within two years after signing the "State-owned land construction land use right grant contract."

In this announcement, Topstar stated that this investment plan is another robot-based smart manufacturing industrial base built outside the Pearl River Delta region. It has achieved a domestic multi-point layout, improved coverage and services in the Yangtze River Delta Region and even in Beijing and Tianjin.制造业 Manufacturing customers in the region have broadened the scope of business sales and enhanced the efficiency of the company’s R&D, production, sales, and after-sales service operations.

In addition, in response to the needs of the company's business development, Topstar also intends to jointly invest in and set up Shenzhen Tuolian Intelligent Technology Co., Ltd. with Luo Shizhou, Xia Weizhong, Chen Riqiang, and Bai Hangming (the specific name is based on industrial and commercial approval).

According to reports, the new company has a registered capital of 6 million yuan, of which Tuostar has invested 3.06 million yuan, accounting for 51% of the registered capital of the new company, Luo Shizhou invested 1.38 million, accounting for 23% of the registered capital of the new company, Xia Weizhong contributed 780,000, accounting for the new company. Registered capital of 13%, Chen Riqiang invested 540,000, accounting for 9% of the registered capital of the new company, Bai Hangming invested 240,000, accounting for 4% of the registered capital of the new company.

According to reports, the main business of the above-mentioned new company will include: the design and development of integrated solutions for intelligent manufacturing systems based on industrial Internet of Things; the construction of an industrial 4.0 cloud service platform; research and development and sales of equipment-related intelligent control system products; Systems, automation equipment, hardware and software products, technology development, technology transfer, product sales, technical consulting services.

Topstar stated that the partners Luo Shizhou, Xia Weizhong, Chen Riqiang, and Bai Hangming have extensive expertise in the design and development of integrated solutions for intelligent manufacturing systems in industrial Internet of Things. The company has invested through cooperation with the aforementioned four partners. Shenzhen Toplink Intelligent Technology Co., Ltd. was set up to strengthen the company's future investment in the design and development of integrated solutions for intelligent production systems in the industrial Internet of Things, and increase the company's future business profit growth.

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