Changes in Hong Kong stocks | Luyuan Group Holdings (02451) rose more than 9% at the end of the session and surged nearly 50% this week. The robotics business has moved from signing contracts to mass production and delivery

The Zhitong Finance App learned that Luyuan Group Holdings (02451) rose more than 9% at the end of the session, and the cumulative increase this week is close to 50%. As of press release, it rose 9.60% to HK$18.83, with a turnover of HK$62.0773 million.

According to the news, Luyuan Group has continued to catalyze recently. The company's robotics business has moved from signing contracts to mass production and delivery. According to reports, the cooperation with Alu Robotics enabled Luyuan Group to receive more than 100,000 sets of high-precision planetary deceleration joint modules and 10,000 complete robot orders. The AI130S commercial patrol robot jointly developed by the two parties was first mass-produced in July, and the first robot production line was put into operation and production capacity is climbing.

Zhongtai Securities released a research report stating that as an electric two-wheeler company, its accumulation in motors, electronic control, thermal management, precision transmission and large-scale manufacturing is highly compatible with embodied intelligent robots, and Luyuan has established its position as a core component supplier in the robot industry chain. Cinda Securities said it is optimistic that the company will use the robotics business as an opportunity to build future factories and consolidate the foundation for large-scale intelligent manufacturing.