Changes in Hong Kong stocks | Yuejiang (02432) rose more than 4%, and the company launched an A-share listing plan to achieve the advantage of landing on a smart track scale

The Zhitong Finance App learned that Yuejiang (02432) rose by more than 4%, and the cumulative increase in stock prices over the past 5 trading days was more than 25%. As of press release, it rose 3.12% to HK$39.76, with a turnover of HK$245 million.

According to the news, Yuejiang issued an announcement. On December 29, 2025, the board of directors of the company announced that in order to promote business development, enhance its overall competitiveness, and ensure the achievement of operating goals and long-term development strategies, the company has decided to launch an initial public offering of RMB common shares and a listing plan on the Shenzhen Stock Exchange. The board of directors has decided and approved the commencement of work relating to the proposed A-share listing. As far as the proposed A-share listing is concerned, the company has appointed a pre-listing counseling agency and has submitted a registration application for A-share pre-listing counseling.

China Galaxy Securities pointed out that Yuejiang continues to iterate on physical data acquisition, vertical model, learning operation control, and core hardware. At the same time, it has a deep customer base in industrial manufacturing, and realizes multi-scenario intelligent services on the commercial service side, which is conducive to the implementation and deployment of personalized intelligent products. Currently, the company has released humanoid biped/ wheeled robots and multi-legged robot dogs. It is one of the first companies in China to enter the rhythm of mass production of humanoid robots, and has obtained strategic cooperation such as purchase orders for 1,000 units from Lansi Technology, 80.5 million yuan, etc. and joint promotion of the deployment of 5,000 robot dogs with Luyuan Group. There has been substantial progress in commercialization.