HK Stock Market Move | STARPLUS LEGEND (06683) opened over 3% higher. CLOUD FACTORY will purchase 5000 four-legged robots from Giant Star Cultural Creation.

STARPLUS LEGEND (06683) opened more than 3% higher, rising 3.61% to HK$9.46 as of press time, with a trading volume of HK$3.1549 million. In terms of news, STARPLUS LEGEND announced that its wholly-owned subsidiary Giant Star Cultural Creativity has entered into a sales contract with CLOUD FACTORY (02512). According to the contract, CLOUD FACTORY, as a distributor, will purchase 5,000 units of the four-legged Siasun Robot & Automation from Giant Star Cultural Creativity, with a total value exceeding 100 million RMB. The announcement stated that Yushu Technology will be responsible for the technical, hardware development and production of the product, as well as the development of related applications. The product is expected to complete testing this year and enter mass production early next year. The signing of the sales contract is another important development following the first batch of sales orders signed by the Group for this product on November 3, reflecting the market's continuous recognition of the Group's IP empowerment capabilities.