Hong Kong Stock Alert | 361 DEGREES (01361) Opens Over 6% Higher as Company Plans to Gradually Introduce Standard's Embodied AI Robots to Global Footwear Retail Stores

Stock News
Aug 18

361 DEGREES (01361) opened over 6% higher, and as of press time, the stock was up 6.39% to HK$6.33 with a trading volume of HK$2.7282 million.

On the news front, 361 DEGREES announced that on August 17, 2025, its wholly-owned subsidiary 361 Degrees (Xiamen) Sports Technology Co., Ltd. entered into a strategic cooperation agreement with Standard Robots (Wuxi) Co., Ltd. (Standard). The partnership aims to leverage both parties' respective advantages and resources to establish strategic cooperation in robot wearables including clothing, footwear, and accessories for robots, as well as in the field of embodied AI robot materials.

According to the announcement, the Group has been committed to focusing on the functionality of technology products and has proactively positioned itself in special materials and related designs applicable to both human bodies and embodied AI robots. Under the strategic cooperation agreement, the Group will collaborate with Standard, a leading company in the industrial robotics field, on robot wearables, robot lightweighting, and high-performance materials. The Group will also utilize its accumulated international market resources to assist Standard in globally selling embodied AI robots, particularly those used in commercial scenarios, thereby accelerating international business expansion.

Furthermore, the Group plans to gradually introduce Standard's embodied AI robots into its global footwear retail stores. At the same time, the Group intends to display and sell these embodied AI robots in its global stores.

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