Movement Alert|ESTUN Rises 5.59% in Regular Trading, RMB 487 Million Acquisition of Estun Coolbot Full Equity Formally Signed

Market Focus08-05

On August 5, ESTUN rose 5.59% in regular trading, trading at HKD 19.0/share, with turnover of HKD 109 million.

On the news front, the company announced on August 4 that its wholly-owned subsidiaries Estun Robot and Dingtong Electromechanical have signed definitive agreements to acquire 100% equity of Nanjing Estun Coolbot Technology for a total cash consideration of RMB 487 million. Upon completion, Estun Coolbot — a company positioned in the embodied intelligence robotics space — will become an indirect wholly-owned subsidiary and be consolidated into the group's financial statements. The transaction has progressed from the preliminary planning stage to formal agreement execution, with shareholder approval still pending.

Additionally, the company previously guided H1 attributable net profit of RMB 150-180 million, representing year-over-year growth exceeding 21 times, driven by product mix optimization, cost controls, and non-recurring gains from an associate's asset restructuring. The fundamental recovery narrative, combined with the broader robotics sector rally, jointly supported the stock's performance.

(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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