Top Group establishes a new subsidiary to focus on the development of robotics

Top Group recently established a wholly-owned subsidiary named Ningbo Top Drive with a registered capital of RMB 200 million. According to Tianyancha, the company's business includes the research and development, sales of intelligent robots, manufacturing and sales of industrial robots, manufacturing and sales of servo control mechanisms, etc. Through equity penetration, we found that the company is wholly owned by Top Group and the legal representative is Wu Haonian.