Hangzhou Guochen Robot Technology signs a cooperation agreement with Ajinextek in Xiaoshan Robot Town on July 22. [Photo/zjol.com.cn]

Hangzhou Guochen Robot Technology, a company dedicated to robot applications research and industrial developments reached a cooperation agreement with South Korean company Ajinextek on July 22 to establish a joint venture in the field of robotics.

Ajinextek is a company that owns more than 100 chipset patents in the field of robots and automation.

According to the agreement, the alliance will work closely in intelligent health monitoring and rehabilitation treatment by giving full play to their advanced technologies and market resources in sales and distribution.

The partnership is expected to propel the sustainable development of the robot industry in Xiaoshan and promote the town nationwide.

Hangzhou Guochen Robot Technology, established in 2015, was one of the first companies to settle in Xiaoshan Robot Town.

Relying on the influence and technical strength of Zhejiang University Robotics Research Center, the company is committed to building a national robot industry technology platform with focuses on the development and application of intelligent robots and robotic automation systems.

It has forged partnerships with many overseas countries including South Korea, Italy, Sweden, Singapore, Israel and Japan.