Zhejiang Robot Industry Group Increased Its Capital to 1.19 Billion Yuan, An Increase of About 19%.

​​Zhejiang Robot Industry Group has increased its registered capital by 19% to 1.19 billion yuan​​, signaling plans to expand its robotics and AI business. The Yuyao-based company, founded in 2017, specializes in industrial robots and intelligent automation solutions.

​​The capital boost comes as China pushes for greater self-sufficiency in advanced manufacturing​​. The move will likely accelerate R&D in key areas like AI-driven robotics and smart factory systems.

​​As a wholly-owned subsidiary of Yuyao Yaojiang Technology Investment​​, the company is well-positioned to benefit from Zhejiang province’s strong manufacturing ecosystem and government support for automation upgrades.

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