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Posted by
Two Blokes Jul 28 -
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BEIJING , July 28, 2025 /PRNewswire/ -- Cheetah Mobile Inc. (NYSE: CMCM) ("Cheetah Mobile" or the "Company"), a China-based IT company, today announced that one of its majority-owned subsidiaries has signed a definitive agreement to acquire an equity interest of 60.8% in Shenzhen UFACTORY Technology Co., Ltd. ("UFACTORY"), a leading provider of lightweight robotic arms, for a total consideration of approximately RMB99.5 million.
