(Yicai) Dec. 28 -- Chinese smart hardware supplier Fenda Technology said it plans to manufacture human-inspired adaptive robots for Chinese technology startup Flexiv.

Fenda recently signed a strategic cooperation framework agreement with Flexiv to become the Shanghai-based startup's first choice for the mass production of intelligent robots and parts, the Shenzhen-based company announced late yesterday, without revealing the financial details of the cooperation.

Flexiv will help Fenda build the intelligent production line suitable for its products, while Fenda will give full play to its advantages in manufacturing and supply chain management to help Flexiv reduce production costs and improve product quality, Fenda added. Moreover, the pair will also jointly develop new human-inspired adaptive robots.

Fenda also plans to take advantage of partnership with Flexiv to improve the intelligent production capabilities of its existing factories, Fenda noted.

Fenda [SHE: 002681] closed 1.3 percent up at CNY4.83 (68 US cents) in Shenzhen today.

Founded in 2016, Flexiv has a core team made of former members of the Robotics and Artificial Intelligence Lab of Stanford University. The company's robots can realize precise operations, such as product assembly, complex surface treatment, and object movement.

Carmakers GAC Group and Li Auto, home appliance giant Midea Group, and smartphone manufacturer Honor are among Flexiv's main customers, according to the company’s website.

Editor: Futura Costaglione