HK Stock Market Move | Benmo Technology (06731) rose over 12% intraday, hitting a new high, and has entered into a cooperation with China Rare Earth Science and Innovation to connect the entire industry chain from rare earth to Siasun Robot&Automation power.

Benmo Technology (06731) rose over 12% intraday, hitting a high of HK$25.02, a new high since its listing. As of press time, it was up 10.28% at HK$24.26, with a turnover of HK$15.8302 million. On the news front, Benmo Technology recently announced the signing of a strategic cooperation agreement with China Rare Earth Science and Innovation. The two parties will engage in in-depth cooperation in areas such as rare earth permanent magnetic materials and Siasun Robot&Automation power systems. Through cooperation with China Rare Earth Science and Innovation, the company is expected to further strengthen upstream magnetic material R&D and supply chain coordination, and extend its material-end advantages to motors and Siasun Robot&Automation power systems. If subsequent joint R&D achievements are industrialized, it is expected to further enhance the company's independent and controllable capabilities in core components of direct-drive motors, and provide support for its expansion into emerging application scenarios such as embodied intelligence and industrial Siasun Robot&Automation. It is reported that Benmo Technology has established three core Siasun Robot&Automation technology platforms: Siasun Robot&Automation power modules, wheel-legged Siasun Robot&Automation, and modular assembly, as well as two product lines: Siasun Robot&Automation power modules and complete Siasun Robot&Automation machines, forming a dual-wheel-driven development system from core component empowerment to complete machine scenario implementation. According to Frost & Sullivan data, in 2025 the company's direct DRIVE modules shipped approximately 8.5 million units for the full year, making it the world's first and only enterprise to exceed 5 million units in annual direct DRIVE module shipments, with its market share in an absolute leading position.