Hongchang Technology (301008.SZ) plans to increase its capital by 15 million yuan to form a joint venture with a good-quality joint and expand its business related to humanoid robots.

Intelligent Financial News APP reported that Hongchang Technology (301008.SZ) announced that the company plans to invest 15 million yuan in Guangdong Liangzhi Joint Technology Co., Ltd. ("Liangzhi Joint") through capital increase, holding 30% equity of the company after the investment is completed. The company plans to jointly invest with Liangzhi Joint to establish a joint venture company, with the company contributing 7 million yuan and Liangzhi Joint contributing 3 million yuan. After the investment is completed, the company will hold 70% equity of the joint venture company, and Liangzhi Joint will hold 30% equity of the joint venture company.