New stock on the first day | Yuejiang (02432) first listed on the market with a 4.79% opening hike in the morning trading session.

Yuejiang (02432) made its debut on the stock market, with the announcement showing that each share is priced at 18.8 Hong Kong dollars, with a total of 40 million shares issued, 200 shares per board lot, and net proceeds amounting to approximately 681 million Hong Kong dollars. As of the time of writing, the stock rose by 4.79% to 19.7 Hong Kong dollars, with a total turnover of 197.318 million Hong Kong dollars. Public information shows that Yuejiang Technology was established in 2015, mainly engaged in the design, development, manufacturing, and commercialization of collaborative robots and automation technologies in partnership with Siasun Robot & Automation. According to a report by Zhoushi Consulting, based on the shipment volume in 2023, Yuejiang Technology is ranked second globally in the collaborative Siasun Robot & Automation industry, and top among all collaborative Siasun Robot & Automation companies in China, with a global market share of 13.0%. Yuejiang Technology's collaborative Siasun Robot & Automation can be divided into two main categories based on the number of axes, namely four-axis and six-axis collaborative Siasun Robot & Automation, with the company mainly selling the six-axis CR series and Nova series of collaborative Siasun Robot & Automation. As of the last practicable date, Yuejiang Technology has introduced a total of 27 models of collaborative Siasun Robot & Automation across 4 series, catering to a wide range of applications in manufacturing, retail, healthcare, STEAM education, research, and other fields. The company has sold over 53,000 units of collaborative Siasun Robot & Automation worldwide.