Shoucheng Holdings says that Beijing Robotics Fund is investing in Accelerated Evolution Technology Company.

Shoucheng Holdings announced on the Hong Kong Stock Exchange that its subsidiary managed the Beijing Robot Industry Development Investment Fund has invested in Beijing Accelerated Evolution Technology Co., Ltd. The announcement stated that Accelerated Evolution is committed to creating simple, reliable, and practical humanoid robot products. The company will continue to expand its investment in the robot industry. The announcement did not disclose the transaction details.