Shanghai Electric Power, Xingrui Technology, and others have set up a humanoid robot joint venture in Hangzhou with a capital contribution of 200 million yuan.

Tianyancha App shows that recently, Hangzhou Xihu Shangidianke Humanoid Robot Entrepreneurship Investment Partnership Enterprise was established, with Ma Zhaoqin as the executive partner. The investment amount is 200 million RMB, and the business scope includes entrepreneurial investment and investment activities with own funds. It is jointly invested by Shanghai Electrical Science Research Co., Shanghai Yanpu, Xingrui Technology, Fusai Technology, etc.