The Zhitong Finance App learned that Galax Technology (02729) soared more than 9% in the afternoon. As of press release, it rose 5.83% to HK$11.25, with a turnover of HK$49.264,300.

According to the news, at CeMAT ASIA 2026 Asia International Logistics Exhibition held from November 3 to 6, Galax Technology launched the GALAXIS smart product matrix. The matrix plans four-level payload products around on-site logistics scenarios, including the 1500 kg heavy duty VFR series, 50 kg heavy-duty VPR-CP series, 10 kg light-load wheeled humanoid robots, and a 5 kg small-part handling and picking robot.

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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