HK Stock Market Move | LUYUAN GP HLDG (02451) surged over 9% in late trading, up nearly 50% for the week; Siasun Robot&Automation business has moved from contract signing to mass production and delivery stage.

LUYUAN GP HLDG (02451) surged over 9% in late trading, with a cumulative gain of nearly 50% for the week. As of press time, it rose 9.60% to HK$18.83, with a turnover of HK$62.0773 million. On the news front, Luyuan Group has seen a continuous stream of catalysts recently. The company's Siasun Robot&Automation business has moved from contract signing to the mass production and delivery stage. It is reported that the cooperation with Youlu Siasun Robot&Automation has secured Luyuan Group orders for over 100,000 sets of high-precision planetary reduction joint modules and 10,000 Siasun Robot&Automation complete units. The AI130S commercial patrol sweeping Siasun Robot&Automation jointly developed by both parties rolled off the first batch of mass production lines in July, and the first Siasun Robot&Automation production line has been put into operation and entered the capacity ramp-up phase. Zhongtai released a research report stating that as an electric two-wheeler enterprise, its accumulated expertise in motors, electronic controls, thermal management, precision transmission, and large-scale manufacturing is highly compatible with embodied intelligence Siasun Robot&Automation, and Luyuan has established its position as a core component supplier in the Siasun Robot&Automation industry chain. Cinda expressed optimism that the company will use its Siasun Robot&Automation business as an opportunity to build a future factory and solidify the foundation for large-scale manufacturing of embodied intelligence.