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Changes in Hong Kong stocks | FORTIOR (01304) rose more than 5% to actively lay out robot tracks and plans to acquire Sciosense to supplement physical sensing capabilities
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The Zhitong Finance App learned that FORTIOR (01304) rose by more than 5%. As of press release, it had risen 4.92% to HK$123.6, with a turnover of HK$70.2712 million.

According to the news, Fengyi Technology recently revealed in the investor relations activity log that the company has now established a joint venture with Sanhua Holding Group Co., Ltd. to focus on R&D and industrialization in the field of hollow cup motors to successfully achieve a breakthrough in humanoid robot joint core technology solutions; the company released the FU75XX series chip — the industry's first dedicated MCU for motor drives based on a 32-bit RISC-V dual-core architecture. The product combines a second-generation motor control engine (ME2) with a high-performance RISC-V core to suit robot application scenarios. The company laid out a robotic circuit to lay the technical foundation.

Huatai Securities previously pointed out that the company's revenue declined month-on-month in the third quarter of this year, mainly due to a slowdown in the collection of goods by downstream terminal manufacturers and delays in the company's industrial product shipment pace. The bank is expected to gradually recover in the future. As a leading supplier of BLDC motor drive control chips in China, the company is accelerating penetration in high value-added fields such as industry and automobiles, and plans to acquire Dutch semiconductor sensor company Sciosense to further supplement its “physical sensing” capabilities, which is expected to provide integrated solutions to enhance its competitive advantage.

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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