Benmo Technology (06731) signs strategic cooperation agreement with China Rare Earth Sci-Tech Innovation to promote deep integration of rare earth new materials with Siasun Robot&Automation terminal applications.

Benmo Technology (06731) has announced that, on the date of this announcement, the Company and China Rare Earth Resources And Technology Group Innovation Technology Co., Ltd. (China Rare Earth Sci-Tech Innovation) have signed a strategic cooperation agreement. According to the strategic cooperation agreement, the two parties will establish a regular technical exchange mechanism and jointly carry out research and development of high-performance magnetic materials such as neodymium iron boron, magnetic focusing rings, and radial magnetic rings. Combining upstream rare earth resources with the technical requirements of motor application scenarios, they will develop high-performance magnetic materials products suitable for direct-drive motors. The two parties will focus on core needs such as magnetic material performance optimization, motor miniaturization, and high-torque output to carry out joint research, promoting the implementation and application of direct-drive modules in markets such as embodied Siasun Robot&Automation, smart home devices, industrial automation, and high-end medical equipment. At the industrial chain level, the two parties will collaborate to connect the domestic industrial chain from rare earth new materials to Siasun Robot&Automation power components, achieving value co-creation across the upstream and downstream. At the same time, they will actively explore industry-finance integration models such as equity investment and industrial funds to empower high-quality projects in magnetic materials and direct-drive motors, and promote joint training of professionals in the field and technological iteration. This cooperation will rely on the respective industrial strengths of both parties to promote the deep coupling of rare earth new materials with Siasun Robot&Automation terminal applications, complete the collaborative innovation chain of key materials and core components, and jointly promote the independent controllability and high-quality development of key links in China's Siasun Robot&Automation industry.