Cobots: Joint venture company Xian Intelligence listed on the Hong Kong Stock Exchange.

On June 25, Cobos announced that its equity investee, Shanghai Xiangu Intelligent Technology Co., Ltd., was listed on the main board of the Hong Kong Stock Exchange on June 24. Xiangu Intelligent conducted a global offering of 10.4973 million shares, with the listing type being common stock and an issue price of HK$101.6 per share. Cobos' wholly-owned subsidiary, Cobos Investment Limited, directly holds 6.4467 million shares of Xiangu Intelligent, representing 5.83% of its total issued share capital. The listing of Xiangu Intelligent is expected to have an impact of approximately 205 million yuan on Cobos' attributable net profit in 2026, accounting for approximately 11.69% of the audited attributable net profit in 2025.