On June 9, Estun Automation (02715.HK) rose 5.59% in regular trading, reaching HK$22.0 per share with trading volume of HK$270 million, extending its recent strong upward momentum.
On the news front, the company signed a joint technology research agreement with the Chinese Academy of Sciences Institute of Industrial Artificial Intelligence on June 3, focusing on embodied intelligence for unstructured scenarios and AI-powered intelligent welding agents. This partnership further solidifies the company's positioning in the embodied intelligence space.
Fundamentally, Estun reported Q1 net profit attributable to shareholders of RMB 97.84 million, surging 674.64% year-over-year. According to MIR data, the company's industrial robot shipments ranked first in the Chinese market in Q1, with market share continuing to expand beyond foreign brands. Branded robot revenue grew nearly 50% year-over-year. The company's A-share stock triggered a trading anomaly alert after cumulative gains exceeded 20% over two consecutive sessions.
(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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