Automation solution provider Estun Automation Co., Ltd (002747.SZ) said Friday the company had inked a strategic agreement with SAIC Capital to cooperate on investing in intelligent manufacturing sectors. As agreed, SAIC Capital, a wholly-owned investment firm of China's largest automaker by sales SAIC Motor, will back Estun's activities of expanding business and mergers and acquisitions in industrial robot and intelligent manufacturing in the form of financial support and consulting services.
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