GALAXIS TECH (02729) rose more than 6%, reaching 6.59% as of press time to HK$18.76, with a turnover of HK$29.1714 million.

On the news front, in the first half of this year, GALAXIS TECH achieved revenue of approximately RMB 505 million, representing a year-on-year increase of 45.1%. As of the end of June, the company had pending delivery orders worth approximately RMB 2.2 billion, including 56 ongoing overseas projects with a pending delivery amount of RMB 710 million. In the first half of the year, overseas business opportunities grew 61.5% year-on-year, with a cumulative total of 22 overseas partners covering 31 countries and regions.

Guolian Minsheng Securities stated that GALAXIS TECH possesses AMR mobile chassis, navigation control, robot scheduling, and logistics scenario implementation capabilities, and can extend into wheeled embodied intelligent robots in the future, further covering processes such as grasping, batching, loading and unloading, palletizing and depalletizing, and flexible picking.

Therefore, the firm believes that as AI large model capabilities continue to evolve and embodied intelligence accelerates industrialization, the company is expected to further expand its product boundaries and application scenarios, opening up long-term growth potential.