(Yicai) Sept. 17 -- Roshow Technology’s shares soared by their daily trading limit after the Chinese enameled wiremaker said it has joined hands with two partners to develop home service robots with embodied artificial intelligence for sale in Europe and the United States.

Roshow [SHE: 002617] rose 10 percent to close at CNY10.81 (USD1.52) per share in Shenzhen today. The stock has climbed 41 percent so far this year.

Ningbo Junwu Intelligent Technology, Roshow’s robotics business unit, signed the partnership deal with Kepler Robotics and a leading cross-border e-commerce firm, its Hefei-based parent company announced yesterday, without revealing any financial details.

Junwu Intelligent will develop the products using embodied AI models and hardware sourced from Kepler, and they will be exported to the European and American markets by the unidentified third partner. The trio aims to sell no less than one million units over the next three years.

The e-commerce firm has a well-established sales and after-sales service network, Roshow noted, and has been deeply engaged in the cleaning appliances and small household appliances businesses for many years and has extensive experience with overseas online shopping sites, such as Amazon, Walmart, eBay, and Shopify.

At an appropriate time, Roshow will establish a joint venture controlled by Junwu Intelligent to manage the embodied AI home robots under its own brand, the firm pointed out.

Editor: Futura Costaglione