[First Take] Leo's shares rise over 7% after strategic investment in Mosheng Intelligent
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On May 19th, Leo's stock price rose over 7%, closing up 7.25%. The company participated in a 300 million yuan Pre-A round financing for Mosheng Intelligent, laying out an AI multidimensional strategy. Mosheng Intelligent was established in 2025 and is committed to creating the world's first generative general embodied brain that can be deployed on the edge. In the first quarter of 2026, Leo achieved operating revenue of 5.101 billion yuan, a year-on-year increase of 7.18%, but net profit decreased by 71.06% year-on-year
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