Shangwei New Materials (688585.SH): Will independently carry out business with related parties to develop intelligent robot business with a specific body.

Intelligent finance and economics app news, Shang Wei Xincai (688585.SH) issued a risk warning announcement stating that the company has noted recent discussions and reports in some media about the integration of related assets of Shang Wei Xincai and Mr. Deng Taihua, the actual controller, and his controlled company Zhiyuan Innovation. After the board of directors election, the company will, under the premise that there is no substantial competition with related parties, conduct independent business development of intelligent robots. The company will maintain independence in personnel, assets, business, institutions, finance, etc. As of now, there is no plan or arrangement for Zhiyuan Innovation to list through shell listing of a listed company within the next 36 months.