HK Stock Market Move | HUAYAN ROBOTICS (01021) rose by over 13%, intended to acquire a property in Jiangmen, the company plans to further expand its production base and increase its capacity.
Huayan Robotics (01021) rose by over 13%, as of the time of drafting, it is up 10%, trading at 20.02 Hong Kong dollars, with a turnover of 156.158 million Hong Kong dollars.
HUAYAN ROBOTICS (01021) surged more than 13%, rising 10% to HK$20.02 by the time of writing, with a turnover of HK$15.6158 million.
In terms of news, HUAYAN ROBOTICS announced that on June 10, 2026 (after trading hours), the company (as the buyer) entered into an agreement with Pengxia Siasun Robot & Automation (as the seller) to acquire a property for RMB 85.1066 million. The property is located at Block 1, Floors 7-13, Pengxia Siasun Robot & Automation Intelligent Manufacturing Park, No. 09 Keyun Road, Huicheng Science and Technology Zone, Jiangmen City, Guangdong Province, with a total construction area of 24316.18 square meters. The land use rights cover an area of 62960 square meters and are designated for industrial use.
The announcement stated that the company's existing production capacity is expected to reach full capacity by the end of the year. As stated in the prospectus in the section on "Future Plans and Use of Proceeds," the group plans to further expand its production base and increase its production capacity to meet the growing production demands. Specifically, the group plans to establish a new production base. However, compared to the traditional land acquisition and factory construction cycle, after acquiring the property (including the factory building), the group can achieve rapid production initiation and capacity integration, further assisting the company in solidifying its foundation in the intelligent manufacturing business and accelerating its scale development.
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