Hong Kong Stock Movers: SEER TECH Surges Over 9% in Afternoon Trade on Strong H1 Revenue and Profit Growth Outlook

Stock News07-30

SEER TECH (06106) surged over 9% in the afternoon session, trading up 8.56% at HK$49.96 as of press time, with turnover reaching HK$11.89 million.

On the news front, the company recently announced that it expects first-half revenue to grow at least 60% year-on-year, while gross profit growth is projected to be no less than 65% year-on-year. This performance is primarily driven by increased revenue from intelligent robots and robot "brains," as well as a boost in overseas sales.

Data shows that from January to May, new overseas orders surged more than 460% year-on-year, and the number of overseas customers increased by over 100%, indicating that the company's global expansion is entering a phase of accelerated volume growth.

Public information identifies SEER TECH as an intelligent robotics company, with its core business centered on robot control systems—essentially the "robot brain." A key differentiator for the company is its proprietary robot control technology, which forms the foundation of its intelligent robot products. According to Frost & Sullivan, the company ranks first globally and in China by sales volume for robot controllers, holding market shares of 24.8% and 45.2%, respectively.

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