The Zhitong Finance App learned that Galax Technology (02729) rose more than 6%. As of press release, it had risen 6.59% to HK$18.76, with a turnover of HK$29.171,400.

According to news, in the first half of this year, Galax Technology achieved revenue of approximately RMB 505 million, an increase of 45.1% over the previous year. By the end of June, the company had orders awaiting delivery of about 2.2 billion yuan, including 56 overseas projects and an amount of 710 million yuan; in the first half of the year, overseas business opportunities increased 61.5% year-on-year, with a total of 22 overseas partners, covering 31 countries and regions.

According to Guolian Minsheng Securities, Galaxis Technology has AMR mobile chassis, navigation control, robot scheduling and logistics scenario implementation capabilities. In the future, it can be extended to wheel-mounted intelligent robots, further covering processes such as handling, batching, loading and unloading, unstacking, and flexible picking. Therefore, the bank believes that as AI's large model capabilities continue to evolve and embody intelligence accelerates industrialization, the company is expected to further expand product boundaries and application scenarios and open up room for long-term growth.

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