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Changes in Hong Kong stocks | Benmao Technology (06731) rose more than 12% in early trading and has already risen more than 30% from the offering price and recently reached a strategic cooperation with China Science and Technology Innovation
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The Zhitong Finance App learned that Benmao Technology (06731) rose by more than 12% in early trading, to a high of HK$28.88, which is nearly 35% higher than the offering price of HK$21.6. As of press release, it rose 8.86% to HK$28, with a turnover of HK$19.3069 million.

According to the news, Benmao Technology recently announced that it has signed a strategic cooperation agreement with Zhongxi Science and Technology Innovation. The company is expected to further strengthen upstream magnetic material research and supply chain collaboration, and extend material-side advantages to motors and robot power systems. If subsequent joint research and development results are industrialized, it is expected to further enhance the autonomous controllability of the company's core components of direct drive motors and provide support for the expansion of emerging application scenarios such as embedded intelligence and industrial robots.

According to Frost & Sullivan data, in 2025, the end of the year shipped about 8.5 million sets of direct drive modules. It is the first and only company in the world to ship more than 5 million sets of direct drive modules per year, and its market share is in an absolute leading position. As of the first half of 2026, about 5.7 million sets of direct drive modules have been shipped, and they have entered the supply chain of four of the world's top ten consumer robot manufacturers.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.
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