Asia Vets APP News, Guangdong Topstar Technology (300607.SZ) announced that, as disclosed in the previous announcement, the company plans to carry out the research and development of a high-performance motion control platform for general-purpose robots. The company has approved the proposal for its wholly-owned subsidiary, Dongguan Topstar Technology Co., Ltd. ("Topstar Technology"), to jointly invest with Dongguan Morning Insight Enterprise Management Center (Limited Partnership) ("Morning Insight") in establishing Matrix Smart Control Technology (Dongguan) Co., Ltd. (registered as per the Market Supervision Administration) ("Matrix Smart Control" or "Joint Venture").

The joint venture company has been approved by the industrial and commercial department and its name has been confirmed as "Matrix Smart Control Technology (Dongguan) Co., Ltd.". Recently, Matrix Smart Control Technology (Dongguan) Co., Ltd. has completed the industrial and commercial registration and obtained the business license issued by the Dongguan City Market Supervision Administration. It is reported that this investment will help enhance the company's core technology research and development capabilities, and improve the layout of the company's smart industry chain.