Huawei's wholly-owned subsidiary Jimu Machinery Co., Ltd. completed a 3 billion yuan capital increase

Dongguan Jimu Robotics Co., Ltd., a wholly-owned subsidiary of Huawei Technologies Co., Ltd., recently completed a capital increase of RMB 3 billion, increasing the company's registered capital from RMB 870 million to RMB 3.89 billion, an increase of 347%. This capital increase shows Huawei's confidence in the humanoid robot industry and also indicates that Huawei will pay more attention to the development of the humanoid robot business.