On August 11, ESTUN rose 5.06% in regular trading, trading at 19.35 HKD/share, with turnover of 116 million HKD.
The movement was driven by continued market enthusiasm following the company's announcement that its wholly-owned subsidiaries Estun Robot and Dingtong Electromechanical plan to acquire 100% equity of Estun Codroid for 487 million yuan in cash. Upon completion, Estun Codroid will be consolidated into the company's financial statements. Estun Codroid has completed the development of two generations of humanoid robots and 17 models of high-end collaborative robots. The acquisition aims to build a full-scenario product portfolio spanning heavy-duty industrial robots, lightweight collaborative robots, and embodied intelligence robots.
Additionally, the company recently issued a positive profit alert, forecasting H1 net profit of 150 million to 180 million yuan, representing a year-over-year increase of 2,145% to 2,594%, driven by product mix optimization, improved gross margins, and lower expense ratios through cost controls.
(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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