FFR has completed the acquisition of the robotics business from FFAI, and issued and delivered common shares and non-voting convertible preferred stocks to Smart Technology Holdings Ltd, a subsidiary of FFAI, as consideration for the transaction. With the completion of the deal on October 23, 2026, the company's shares traded on NASDAQ under FFR have been incorporated into the business and assets of FF Robotics. Following the completion of the transaction, FFR will continue to trade on NASDAQ as a pure-play company focused on the humanoid and bionic Physical AI robotics ecosystem, centered around the " Four - Core Full - Stack AI " framework.
FFR indicates that the company has become the number one in the field of robotics education in the United States. The next goal is to become the best in robotics education across the country, to rank among the top three in the Physical AI robotics industry, and to become one of the most valuable companies of the Physical AI era.
FFR also announced the completion of board of directors and management adjustments, appointing YT Jia as the Global Chief Executive Officer, Jerry Wang as the Executive Chairman, Chen Shi as the Chief Independent Director, and Jason E as an Independent Director. Dodier is also appointed as an Independent Director.
The company also announced three new strategic collaborations: a partnership with the California-based professional services firm KYA GROUP, the establishment of a joint robotics laboratory with California Science, and, Technology University, and Boston International Business School under the name BIBS-FF-CSTU, as well as a collaboration with Pinnacle, a leading real estate brokerage firm in Southern California.
FFR has released its annual guidance for 2026 for the first time, anticipating that the sales volume and shipment volume of the acquired robotics business under independent accounting will be approximately 2,000 units for the whole year. The robots delivered continue to maintain a positive gross margin per unit. This guidance reflects management's confidence in recent performance and growth prospects, as well as their determination to accelerate efforts to create value for shareholders.
FF EAI Robotics Ecosystem Inc. (Nasdaq ticker: FFR) is a US-based embodied AI robotics company that focuses on the research and development, manufacturing, commercialization, and deployment of intelligent robotics technologies, products, and industry solutions. The company is building a " Four - Core Full - Stack " AI ecosystem that covers the entire lifecycle of robots, including EAI Brain & Developer Platform, EAI Devices, Industry Productivity Solutions, and EAI Data Factory. Guided by the technological and product philosophy of " One Brain, Multi-forms, Multi-capabilities ", the company aims to empower humanoid, bionic, and other forms of robots with a unified EAI "brain" and continuously expand their multi-tasking and multi-scenario capabilities. This ecosystem is designed to support the entire lifecycle of robots, including research and development, deployment, data collection and training, operation, as well as commercial applications. FFR also operates a RoboShare robot sharing and service platform.
For more information, please visit www.ff.com.
Forward-looking Statements
This press release contains “forward-looking statements” as defined by the Private Securities Litigation Reform Act of 1995 and other applicable securities laws. Statements other than historical facts, including guidance for the entire year of 2026 for the acquired robotics business, anticipated sales volumes and shipments, estimated revenues and sales volumes in the five-year business plan, expected gross margins, proposed collaborations and opportunities to enter government procurement, FFR, business strategies, commercialization plans, robot operations, expected benefits from the acquisition, future growth opportunities, as well as the development and deployment of robotics technology, are all considered forward-looking statements. You can typically identify forward-looking statements by words such as “may”, “might”, “will”, “expects”, “plans”, “anticipates”, “could”, “intends”, “targets”, “projects”, “believes”, “estimates”, “predicts”, “potential”, “goal”, “objective”, “seeks”, “likely”, “continue”, etc.; however, the absence of these words does not mean that the relevant statements are not forward-looking.
These statements are based on current expectations, estimates, and assumptions, and involve risks and uncertainties that may lead to significant differences between actual results and those expressed or implied. These risks include: the failure to achieve independent guidance and long-term forecasts; whether FFR can successfully integrate and operate the acquired business, commercialize its robotics technology, achieve business objectives, obtain additional financing, maintain NASDAQ listing requirements, compete effectively, manage liquidity, and execute its strategic transformation.
Further risks and uncertainties are detailed in the documents submitted by FFR to the U.S. Securities and Exchange Commission, including its Form 10-K annual report, Form 10-Q quarterly report, and subsequent documents. These relevant documents can be found at www.sec.gov.
Forward-looking statements are only valid as of the date of this press release. These statements are based on management's current expectations and assumptions and do not constitute any guarantee of future performance, and are only valid as of the date of issuance. Except as required by applicable laws, FFR assumes no obligation to update or revise any forward-looking statements.
