Chery's robot affiliate AiMOGA plans to launch an IPO and expand into overseas markets. This was reported by Qazaqyia.kz citing Reuters.

The move is aimed at strengthening the company's position in the robotics industry and increasing its global market share. AiMOGA is a specialized robotics unit of Chery.

Raising funds through the IPO will allow the company to expand production, develop new technologies, and enter international markets. This step will also enhance the company's financial stability and make it more attractive to investors.

According to Reuters, special attention is being paid to overseas markets as part of the IPO preparation. This is part of the company's global expansion strategy.

Detailed information about the company's future plans has not yet been disclosed, but experts are already assessing this move as a significant event in the robotics sector.