Century Plaza Hotel Group unit Nova Starpath forms RMB 10 million robotics venture with Shenke Sliding Bearing, Weng Zhenhua

• Century Plaza Hotel Group formed a PRC joint venture on Aug. 28, 2026 via its unit Nova Starpath.
• New entity Zhejiang Cosmic Voyager Technology registered capital RMB 10 million; Nova Starpath holds 48% for RMB 4.8 million cash.
• Partners Shenke Sliding Bearing takes 19.8% for RMB 1.98 million; Weng Zhenhua takes 32.2% for RMB 3.22 million.
• Capital contributions due by Aug. 23, 2031; group plans to fund its portion from internal resources.
• Venture targets industrial robots initially, with longer-term push into humanoid robots for semi-structured service uses including hotels.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Century Plaza Hotel Group published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260828-12304107), on August 28, 2026, and is solely responsible for the information contained therein.