Phoenix New Media Hong Kong Stock | Mongolia Energy (00276) announced that on December 30, 2021, the company's indirect wholly-owned subsidiary Huazhong (Beijing) Technology Co., Ltd. entered into an equity transfer agreement as the buyer and seller Liu Zhiyong and the target company Beijing Real Machine Intelligent Technology Co., Ltd.
Accordingly, the seller agrees to sell and transfer and the buyer agrees to acquire 65% of the shares in the target company from the seller at a consideration of RMB 32.546 million.
According to the announcement, the target company is mainly engaged in the artificial intelligence business of developing and selling autonomous mobile robots, and provides robot distribution solutions for self-developed robots.