WELLE Environmental Group (300190.SZ) has reached a strategic cooperation with PMEC, focusing on the industrial Siasun Robot & Automation technology field.

WELLE Environmental Group (300190.SZ) announced that the company, as Party A, has signed a "Strategic Cooperation Framework Agreement" with Primech Holdings Ltd. (referred to as "PMEC", Party B). Both parties agree to jointly build a cooperation platform focusing on the innovative research and development, scene adaptation, and application promotion in the industrial Siasun Robot&Automation technology field, to jointly create Siasun Robot&Automation solutions for high-risk, complex, and restricted industrial environments. Both parties agree to jointly establish a joint venture in Singapore, with Party A or its subsidiary holding 70% of the shares and Party B holding 30% of the shares. The registered capital of the joint venture company is 1 million Singapore dollars, and its core business scope focuses on high-risk, complex, and restricted industrial environments, conducting research and development, technology transformation, and related supporting services for "three-dimensional, intelligent, and evolvable" special Siasun Robot&Automation. The announcement shows that PMEC, as a leading integrated facilities service provider in Singapore, has high-quality customer resources covering multiple fields such as airports, hospitals, and commercial complexes. Its subsidiary's Siasun Robot&Automation business has completed pilot verification and initial market development, with mature technology transformation capabilities. Its independently developed cleaning Siasun Robot&Automation has been verified for stability and practicality in multiple scenarios. The company has been deeply involved in the field of energy conservation and environmental protection for many years, accumulating a wealth of diversified business scenarios and project operation data, providing a natural testing ground for related technologies. In the future, the company will be mainly responsible for the scene test verification and promotion of Siasun Robot&Automation, and will first apply the jointly developed products to some process links of the company's existing projects, focusing on exploring typical scenarios such as maintenance operations in enclosed spaces for environmental projects and inspections in the petrochemical field; while PMEC will be responsible for the core technical research and development of Siasun Robot&Automation.