The Zhitong Finance App learned that Benmao Technology (06731) rose more than 5% in the intraday period and reached a new high of HK$41.62, which is already more than 90% higher than the offering price of HK$21.6. As of press release, it rose 4.10% to HK$41.12, with a turnover of HK$13.2984 million.

According to news, at the end of September this year, Benmao Technology announced that it signed a strategic cooperation agreement with Zhongxi Science and Technology Innovation, a wholly-owned subsidiary of China Rare Earth Group. The two sides will carry out comprehensive in-depth cooperation on technology development, industrial collaboration, capital links, and talent co-building to jointly research and develop high-performance magnetic materials such as NdFeB, polymagnetic rings, and radiation magnetic rings to help open up the domestic chain from new rare earth materials to robot power components.

It is worth mentioning that, benefiting from large-scale shipments of robot direct drive modules to leading consumer robot customers, the company's revenue increased from RMB 17.58 million in 2023 to RMB 79.802 million in 2024, and further increased to RMB 280 million in 2025, with a compound annual growth rate of 300.8% from 2023 to 2025; revenue for the six months ended June 30, 2026 was RMB 200 million, an increase of 39.7% year on year.

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