JSMART TECH (00567.HK): To expand embodied AI and computing storage; signs deal with SVA

NewTimeSpace News: On 21 September 2026, Jin'an Embodied Intelligence Technology Group Limited (stock code: 567) published a voluntary announcement on the expansion of its embodied intelligence and AI computing and storage businesses and the signing of a cooperation agreement with SVA Distribution Limited on the same date.

The announcement stated that the Group's business includes the manufacture and trading of printed circuit boards (PCBs), which are key core components of AI servers, computing and storage equipment, chips and robotics hardware. The Group plans to strategically expand into businesses related to embodied intelligence, computing power, storage, chips and servers, aiming to extend its main business along the PCB industry chain into higher value-added upstream and downstream segments.

Under the cooperation agreement, the parties intend to cooperate comprehensively in embodied intelligence and AI computing and storage. In embodied intelligence, SVA will leverage its market and customer resources and its status as an authorised distributor of AGIBOT to jointly develop the intelligent robotics markets in Hong Kong, Macao and the Asia-Pacific region with the Group, covering product development, customised development, marketing and promotion, equipment leasing and manufacturing. In AI computing and storage, the parties will combine the Group's research, manufacturing and technical strengths in PCBs with SVA's strengths in market channels, customer resources, project implementation and value-added technical services to provide technology products and integrated solutions to government bodies, public institutions and commercial enterprises.

The announcement noted that SVA is a technology solutions value-added service provider established in Hong Kong in 2018, with a business network covering the Greater Bay Area and the Asia-Pacific region, long serving the Hong Kong government, public institutions and large commercial enterprises, and has entered into a value-added distributor agreement with AGIBOT PTE. LTD. As the cooperation agreement is not legally binding on the potential cooperation projects with SVA, such potential cooperation projects may or may not proceed.

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