Han’s Laser Technology To Jointly Establish $160M Robot Industrial Fund

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Shenzhen-based laser technology processing manufacturer Han’s Laser Technology Industry Group Co., Ltd. and Guosen H&S Investment Company Limited, the private equity arm of state-owned financial service company Guosen Securities Company Limited, plan to jointly establish a RMB1 billion (US$160 million) industrial fund to invest in the robot and artificial intelligence sector, according to a securities filing.

Han’s Laser Technology has committed RMB200 million to the fund, while Guosen H&S Investment will be in charge of raising the remaining capital commitments from third-party investors.

China Money Network

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