Shares of GALAXIS TECH (HKEX: 02729) surged more than 10% during the trading session, following an over 11% gain in the previous trading day. At the time of writing, the stock was up 8.44% to HK$33.4, with a turnover of HK$9.7099 million.
The company is focused on the smart intra-factory logistics robot sector, with its core product lines being multi-directional shuttle robots, autonomous mobile robots, and conveyor sorting robots. It serves the warehousing and logistics automation needs of various industries including pharmaceuticals, new energy, and automotive. In late May, the company officially launched two new pallet-based automated storage and retrieval system (AS/RS) products, the VFR-CS3 and VFR-CL4, further strengthening its position in the high-density warehousing segment.
Key Catalysts for the Stock Move
Notably, GALAXIS TECH was recently included in the Hang Seng Artificial Intelligence Theme Index, which is expected to open a window for potential fund inflows. According to data from Frost & Sullivan, the market size for smart intra-factory logistics robots in China is projected to reach RMB 413.7 billion by 2030, with a compound annual growth rate exceeding 15% from 2025 to 2030. The industry is benefiting from both market expansion and technological advancement.
Analyst Perspective on Company Fundamentals
Analysts point out that the company has strong in-house research and development capabilities, with self-developed robots accounting for over 90% of its business across various models. The company's revenue has shown steady growth, reaching RMB 909 million in 2025. As of the end of 2025, the total value of robots and systems awaiting delivery stood at RMB 2.2 billion. This substantial order backlog is seen as providing solid support for future earnings growth.
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