Zhitong Finance App News, Fangzheng Electric (002196.SZ) announced that Zhejiang Fangde Robotic Joint Technology Co., Ltd. (“Fangde Robot”) was established on July 19, 2023, with a registered capital of 10 million yuan, of which Zhejiang Fangzheng Electric Co., Ltd. invested 6 million yuan, accounting for 60% of the registered capital. Deqing Yuanfang Management Consulting Partnership (Limited Partnership) (hereinafter referred to as “Deqing Yuanfang”) invested 4 million yuan, accounting for 40% of the registered capital. In order to meet business development needs, Fangde Robotics plans to implement a capital increase, adding 20 million yuan in registered capital. Among them, Fangzheng Electric invested 12 million yuan.

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