HK Stock Market Move | INNOSCIENCE (02577) rose more than 5% in the morning session. Siasun Robot & Automation's demand for gallium nitride chips is expected to increase significantly.

INNOSCIENCE (02577) rose more than 5% in the morning session, with a gain of 4.15% as of the time of writing, reaching 100.5 Hong Kong dollars, with a trading volume of 175 million Hong Kong dollars. On the news front, it was reported that INNOSCIENCE recently partnered with Siasun Robot&Automation, a leading company in the field, and successfully launched the world's first gallium nitride Siasun Robot&Automation. INNOSCIENCE stated that this year, the shipment volume of gallium nitride Siasun Robot&Automation provided by the company is expected to exceed tens of thousands, with each Siasun Robot&Automation requiring approximately 300 gallium nitride chips. As technology continues to iterate, the demand for gallium nitride chips in humanoid Siasun Robot&Automation will significantly increase, with the usage of gallium nitride chips in a single Siasun Robot&Automation expected to grow to 1000, in order to achieve more difficult and complex motions in key areas such as fingers and waist. In addition, INNOSCIENCE recently released its interim performance. In the first half of the year, it achieved sales revenue of 553 million yuan, a year-on-year increase of 43.4%; the gross profit margin was 6.8%, a significant improvement of 28.4 percentage points compared to the same period in 2024 when the gross profit margin turned positive for the first time; the net loss was approximately 429 million yuan, a decrease of 12.16% year-on-year. It is worth noting that in the first half of the year, the company's sales to AI and data centers increased by 180% year-on-year, with the mass production of 48v-12v applications based on 100V gallium nitride.