Movement Alert|Estun Automation Rises 5.51% in Regular Trading, Humanoid Robot Catalysts and Strong Earnings Drive Rebound

Market Focus05-29 09:49

On May 29, Estun Automation (02715.HK) rose 5.51% in regular trading, trading at HK$18.53 per share with trading volume of approximately HK$70.05 million, ending a two-day pullback.

On the news front, the humanoid robot industry continues to benefit from strong catalysts. Tesla previously announced converting its Model S and X production lines into dedicated humanoid robot lines, with its third-generation humanoid robot expected to commence formal mass production in July-August, reinforcing clear volume production expectations for the sector.

On the company level, Estun reported Q1 net profit attributable to shareholders of RMB 97.84 million, representing a 674.64% year-over-year surge. Industrial robot shipments surpassed foreign brands for the first time, ranking first domestically, while branded robot revenue grew nearly 50% year-over-year. The company also launched its iER series embodied intelligent robots, which have been deployed in automotive, electronics, and lithium battery sectors, providing dual support from strong fundamentals and industry tailwinds.

(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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