Highest Performances Holdings Inc. (HPH) has released an update.
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Highest Performances Holdings Inc., a leading wealth management services provider, has announced its venture into the AI sector by acquiring a 77.5% stake in Singapore White Lingjun, a subsidiary of Singapore White Group renowned for producing advanced AI Humanoid hardware. The acquisition, which involves issuing over 20 million American Depositary Shares, will broaden Highest Performances’ reach into diverse fields such as elderly care and medical education, employing humanoid robots capable of emotion recognition and assisting with various tasks. This strategic move aims to complete by June 2024 and marks a significant expansion for Highest Performances beyond its established financial technology services.
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