HK Stock Market Move | ROBOSENSE (02498) rose more than 5% in early trading, and the high-performance mechanical dog "Yushu" made an appearance. The company Siasun Robot&Automation's business is growing rapidly.
Volkswagen Group China (02498) rose more than 5% in early trading, and as of the time of writing, it had risen by 4.93% to HK $28.75, with a trading volume of 17.054 million Hong Kong dollars.
ROBOSENSE (02498) rose more than 5% in early trading, and as of the time of writing, it was up 4.93% at HK$28.75, with a turnover of HK$170.54 million.
On the news front, on December 23rd, Ubtech Robotics released a video of their B2-W industrial quadruped robot dog. The video showcases the robot dog performing various actions such as side flips, jungle descent, water crossing, carrying passengers, and climbing slopes with a 40KG load, demonstrating powerful performance and strong adaptability to different environments. According to a leaked memo circulating online, Ubtech Siasun Robot & Automation mainly utilizes domestic Velodyne and Hesai for their LiDAR, with Velodyne's 32-line LiDAR being the primary choice.
Huaxing Securities previously pointed out that MX will accelerate the expansion of ADAS LiDAR into the consumer market, becoming a key driver of growth for the company by 2025. In addition to the automotive ADAS field, ROBOSENSE's LiDAR will continue to explore larger market spaces in the Siasun Robot & Automation and drone sectors. The company expects the shipment volume of LiDAR in the Siasun Robot & Automation sector to exceed 100,000 units by 2025. Currently, artificial intelligence is in the early stage of rapid development, and we believe that the demand for various sensors, including LiDAR, is likely to grow rapidly in the future.
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