IPE GROUP (00929) surged over 52% during intraday trading. As of press time, the stock was up 36.51% to HK$0.86, with a turnover of HK$16.77 million.

According to public information, Guangzhou Keyi Precision Machinery Equipment Co., Ltd. is a subsidiary of IPE GROUP, which is controlled by China Baoan Group under the Shenzhen State-owned Assets Supervision and Administration Commission. Keyi Precision has mastered the complete independent research and development technology for conventional-sized harmonic reducers and can customize and produce harmonic reducers according to special requirements. Additionally, the company has developed miniaturized servo drive units specifically designed for cutting-edge emerging fields such as collaborative robots, humanoid robots, and AGVs.

Huaxi Securities noted that since 2025, the humanoid robot industry has entered a stage driven by both policy support and application scenarios. The sector is transitioning from concept-driven to industrial implementation, offering long-term investment value. The firm pointed out that reducers are used to decrease motor speed, thereby enhancing the output torque and motion precision of humanoid robot joints. Currently, humanoid robots primarily use harmonic reducers and planetary reducers.