Shares of LAIFUAL (03952) surged more than 19% at one point during the trading session, extending a rally that has seen the stock gain nearly 70% over the past three trading days.
At the time of writing, the stock was up 13.02%, trading at HK$108.5 with a turnover of HK$210 million.
The company is a provider of precision transmission core components for robots, with harmonic reducers constituting its primary source of revenue.
Based on projected 2025 shipment volumes, the company ranks second in China's robotic harmonic reducer market with a 21.4% share, trailing only Green Harmonic's 27.5%.
A significant development garnering market attention is the recent update regarding Unitree Robotics. The company's application for an initial public offering on the Shanghai Stock Exchange's STAR Market has progressed to the "registration effective" stage.
This development is widely interpreted by the market as positioning Unitree to potentially become the first publicly listed humanoid robot manufacturer on the A-share market.
Such a listing is anticipated to provide a clear valuation benchmark for the entire industry chain, potentially leading to a systematic re-rating and uplift in the valuation of supporting companies, including reducer manufacturers.
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