HK Stock Market Move | DIRECT DRIVE (06731) rose over 6% to a new high, recently announced deepened cooperation with the "rare earth national team".

DIRECT DRIVE (06731) rose over 6%, hitting a high of HK$26.34, a record high since listing. As of press time, it was up 6.04% at HK$25.98, with a turnover of HK$23.9029 million. On the news front, DIRECT DRIVE recently announced the signing of a strategic cooperation agreement with China Rare Earth Science and Innovation (), under which the two parties will engage in deep 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-side advantages into motors and Siasun Robot&Automation power systems. If subsequent joint R&D achievements are industrialized, this 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. According to Frost & Sullivan data, in 2025, DIRECT DRIVE's direct DRIVE modules shipped approximately 8.5 million units for the full year, making it the world's first and only company to exceed 5 million units in annual direct DRIVE module shipments, holding an absolute leading position in market share. As of the first half of 2026, direct DRIVE module shipments reached approximately 5.7 million units, and the company has entered the supply chains of four of the world's top ten consumer Siasun Robot&Automation manufacturers.