GALAXIS TECH (02729) Joins Stock Connect, Opening Doors for Mainland Investors

Stock News09-04

GALAXIS TECH (02729) has been officially added to the list of eligible securities under the Stock Connect program, following a notice issued by the Shanghai Stock Exchange after market close on September 4.

According to the implementation rules of the Shanghai-Hong Kong Stock Connect, the adjustment will take effect on Monday, September 7. This move enables mainland investors to directly trade shares of GALAXIS TECH through the Shanghai and Shenzhen-Hong Kong Stock Connect channels, officially unlocking southbound capital flows.

On August 31, GALAXIS TECH released its interim results for the six months ended June 30, 2026. During the period, the company recorded revenue of approximately RMB 505 million, representing a year-on-year increase of 45.1%. Gross profit stood at around RMB 88.2 million, up 42.7% year-on-year, with a gross margin of 17.5%.

Breaking down by business segment, revenue from robotics and system sales reached approximately RMB 492 million, growing 43.8% year-on-year. This growth was primarily driven by an increased number of delivery projects in the Chinese market, as well as the expansion of large-scale multi-functional integrated systems and AMR deployment projects. After-sales service and other revenue totaled approximately RMB 12.75 million, surging 128.6% year-on-year, reflecting the rising demand for after-sales support as the company's cumulative number of delivered projects continues to grow.

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