On May 26, Estun Automation (02715.HK) rose 8.68% in regular trading, reaching HK$18.03 per share with trading volume of HK$276 million, extending gains following its limit-up on May 21.
On the news front, Tesla recently confirmed that its Model S and X production lines at the Fremont factory have been officially retired and will be converted into dedicated humanoid robot production lines, with the third-generation Optimus robot expected to enter mass production in July-August. This milestone marks a substantial acceleration in humanoid robot industrialization, boosting sentiment across the supply chain.
On the company level, Estun reported Q1 net profit of RMB 97.84 million, surging 674.64% year-over-year. Its industrial robot shipments ranked first domestically, surpassing foreign brands for the first time, with branded robot revenue growing nearly 50% year-over-year. The company also launched its iER series embodied intelligence robots, already deployed in automotive, electronics, and lithium battery sectors. The convergence of strong fundamentals and industry catalysts continues to drive share price momentum.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)
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