On July 13, Laifual Drive (03952.HK) declined 6.24% in regular trading, trading at 88.55 HKD/share, with turnover of approximately HKD 13.23 million. The stock continued its multi-day correction after reaching an all-time high of 119.6 HKD on July 7.

The pullback follows a rapid post-IPO rally driven by sector-wide enthusiasm after Unitree Technology received IPO registration approval for its Science and Technology Innovation Board listing. Laifual Drive debuted on the Hong Kong Stock Exchange on June 30 at 85.50 HKD per share and surged nearly 70% over three trading days. With the prior catalyst now fully digested and significant short-term gains accumulated, profit-taking has weighed persistently on the stock since July 8.

Laifual Drive is a leading Chinese provider of precision transmission components for robotics. Ranked second in China by harmonic reducer shipments with a 21.4% market share, it is one of only two domestic manufacturers to achieve mass production delivery of harmonic reducers for humanoid robots. Its products have achieved positioning accuracy of ±15 arc-seconds with a service life exceeding 10,000 hours.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)