Changes in Hong Kong stocks | Laifu Harmonic (03952) rose more than 6% in the afternoon, and the acceleration of domestic robot manufacturer volumes is expected to drive a high increase in parts orders

The Zhitong Finance App learned that Laifu Harmonic (03952) rose more than 6% in the afternoon. As of press release, it had risen 5.89% to HK$68.35, with a turnover of HK$9.776 million.

According to the news, the volume of domestic robot manufacturers is accelerating. Huafu Securities pointed out that domestic component companies that support the main body manufacturer are similar to the previous interpretation path of the optical module industry chain. The contradiction between the shortage of production capacity and the production expansion cycle may gradually become apparent, there may be a mismatch between supply and demand, and orders are expected to continue to rise. Machine manufacturers and related parts manufacturers are expected to be the first to benefit from this mass production and release cycle.

According to the prospectus, Laifu Harmonics is a supplier of precision transmission core components for robots in China. According to the Insight Consulting Report, based on the 2025 shipment volume, Laifu Harmonic ranked second among Chinese robot harmonic speed reducer providers, with a market share of 21.4%, and ranked second in terms of revenue, with a market share of 12.9%. By the end of 2025, Laifu Harmonic is one of only two domestic manufacturers that have delivered harmonic speed reducers for humanoid robots and entered mass production.