HK Stock Market Move | JOHNSON ELEC H(00179) rises over 9%. The company lays out Siasun Robot & Automation and AI server liquid cooling.

JOHNSON ELEC H (00179) surged more than 9%, with its stock price having more than doubled since the beginning of the year. As of the time of writing, it has increased by 9.5% to 33.88 Hong Kong dollars, with a trading volume of 424 million Hong Kong dollars. On the news front, in July of this year, JOHNSON ELEC H announced the establishment of two joint venture companies with Shanghai Mechanical & Electrical Industry. The design and manufacturing company will be 51% owned by JOHNSON ELEC H, while the sales company will be majority owned by Shanghai Mechanical & Electrical Industry, with Dechang Motors holding a 49% stake. The main purpose of establishing these two joint venture companies is to serve the domestic humanoid Siasun Robot & Automation market. The products to be developed include waist, hip, knee, and ankle joints, as well as dexterous hand actuators and sensors. Citigroup previously pointed out that although JOHNSON ELEC H's sales fell by 2% in the first quarter, it is expected to rebound in the second and third quarters due to a stable backlog of orders. Additionally, the strong momentum in the development of the company in the humanoid robot market is expected to bring greater business opportunities. Furthermore, according to the company's previous annual report, JOHNSON ELEC H is positioning itself in the field of differentiated and innovative drive system solutions, including Siasun Robot & Automation, warehouse automation, medical equipment, electric motorcycles, and high-precision manufacturing and measuring equipment. They plan to enter the AI server thermal management system business. According to the company's official website, the AI server thermal management business includes components such as cooling pumps for thermal management systems. In May 2025, the company will launch the new DCP series liquid cooling pump, which features high efficiency, low noise, and modular design, tailored for modern data centers and AI server architectures.