ROBOSENSE Shares Surge Over 7% in Early Trading on Strong Q1 Results

Stock News05-29 09:44

ROBOSENSE (02498) saw its shares rise more than 7% in early trading. As of the time of writing, the stock was up 4.62% to HK$32.12, with a turnover of HK$64.6527 million.

The movement follows the company's announcement on May 27th regarding its performance for the first quarter of 2026. The group reported revenue of approximately RMB 459 million, representing a year-on-year increase of 39.93%. Gross profit reached RMB 99.601 million, a growth of 29.34% compared to the same period last year.

In terms of product sales for Q1 2026, the group sold approximately 330.3 thousand LiDAR units in total. This figure includes about 144.8 thousand LiDAR units for ADAS applications and approximately 185.5 thousand units for robotics and other uses. These sales represent significant year-on-year growth of 204.1%, 49.7%, and 1,458.8%, respectively. The company's backlog of ADAS orders exceeds 9 million units.

Furthermore, by April 15, 2026, cumulative deliveries of the company's all-solid-state digital LiDAR E-platform products (including the E1 and E1R models) surpassed 300,000 units, setting a new industry record. ROBOSENSE holds the leading position in delivery volume within China's LiDAR market. This achievement demonstrates that its fully self-developed SPAD-SoC chip technology possesses a stable and reliable foundation for mass production and delivery capability.

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