The Zhitong Finance App learned that Benmao Technology (06731) rose more than 10%, reaching a new listing high of HK$42.46. As of press release, it had risen 9.96% to HK$41.28, with a turnover of HK$22.7731 million.

Benmao Technology is the world's leading robotics company with direct drive technology as its core capability. According to Frost & Sullivan data, Benmao Technology ranked first in the market share of consumer robot direct drive modules in China; in the three years from 2023 to 2025, the company's revenue grew from 17.54 million yuan to 281.7 billion yuan, with a compound annual growth rate of 300.8%.

At the end of September this year, the company announced the signing of 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 explore the research and development of high-performance magnetic materials such as NdFeB, polymagnetic rings, radiation magnetic rings, etc., to help open up the domestic chain from new rare earth materials to robot power components.

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