HK Stock Market Move | Estun Automation's stock (02715) surged over 9% after the announcement. It is expected that the company's net profit attributable to shareholders in the first half of the year will be between 1.5 billion and 1.8 billion yuan.

Estun Automation (02715) rose more than 9% after the close of the market, reaching a 4% increase to HK$ 21.32 as of press time, with a trading volume of 60.4277 million Hong Kong dollars. In terms of news, Estun Automation announced that it expects a net profit of 150 million to 180 million yuan in the first half of the year, a year-on-year increase of 2144.74% to 2593.68%. The performance change is mainly due to the company optimizing product structure, reducing costs and improving efficiency to increase gross profit margin, reducing operating expenses, and completing the restructuring of Nanjing Craft Assets, resulting in additional non-recurring profit and loss. It is worth noting that Estun Automation is planning to acquire the equity of Siasun Robot & Automation, a subsidiary of Siasun Robot & Automation. Estun Automation's Cool Zhuo business mainly focuses on the research, development, production, and sale of collaborative Siasun Robot & Automation and body intelligent Siasun Robot & Automation, as well as their core components with a load of 3-35 kg. The downstream application areas mainly include industries such as automobiles, home appliances, 3C electronics, and food logistics.