Seiko Technology: plans to acquire a minority stake in Seiko Robot, a holding subsidiary

Seiko Technology: plans to acquire a minority stake in holding subsidiary Seiko Robot. Seiko Technology announced that the company plans to acquire a 40% stake in Jing Gong Robot held by Zhijie Technology for 12 million yuan. After the completion of the transaction, the company will hold a 100% stake in Jinggong Robot, which will become a wholly-owned subsidiary by the company's holding subsidiary.