Changes in Hong Kong stocks | Xiangong Intelligence (06106) rose nearly 10% in the intraday period and was officially included in the Hong Kong Stock Connect robot brain shipments increased by more than 80% year-on-year in the first half of the year

The Zhitong Finance App learned that Xiangong Intelligence (06106) rose nearly 10% in the intraday period. As of press release, it had risen 7.92% to HK$71.6, with a turnover of HK$25.5075 million.

According to the news, on September 4, the Shanghai Stock Exchange issued the “Notice Concerning the Adjustment of the Hong Kong Stock Index under the Shanghai-Hong Kong Stock Connect Stock Exchange”. Xiangong Intelligence was officially included in the Hong Kong Stock Exchange list and officially took effect on September 7. According to Dongwu Securities International, 26H1 achieved revenue of 264 million yuan, an increase of 67.5% over the previous year; the robot brain shipped more than 8,000 sets, an increase of 80% + over the previous year. The comprehensive gross margin increased 1.2 pct to 46.6%, corresponding to gross profit of about 123 million yuan, an increase of about 72% over the previous year.

Dongwu Securities International believes that Xiangong Intelligence has completed large-scale commercial verification of third-party robot brains across configurations and scenarios, and that about 50,000 actual operating units have further formed a data portal for scarce real machines. The company further promoted the iteration of models such as VLA, World Model, and WAM using real machine data, adding new installations and increasing return rates to continuously expand data supply, and model capabilities to feed back products and shipments, forming a closed loop of “installation-data-model-product”.