Movement Alert|RoboSense Technology Rises 5.14% in Regular Trading, WAIC Conference Approaching with New Product Launch Catalyst

Market Focus
07/16

On July 16, RoboSense Technology rose 5.14% in regular trading, trading at HK$23.64/share, with turnover of approximately HK$41.86 million.

On the news front, the World Artificial Intelligence Conference (WAIC) is set to open from July 17 to 20 in Shanghai, where the company will officially unveil its second-generation solid-state digital LiDAR built on its self-developed Peacock SPAD-SoC chip — marking the first productized application of this chip. The new product aims to deliver enhanced 3D spatial perception for robotics applications.

Fundamentally, the company reported H1 total LiDAR sales of approximately 719,200 units, up 170% year-over-year, with robotics segment sales reaching 282,600 units, surging 510% YoY. However, Q2 robotics sales of 97,100 units declined sequentially from Q1's 185,500 units, which had previously pressured the stock. The current rebound appears driven by new product launch expectations and valuation recovery ahead of the conference. Multiple brokerages maintain Buy ratings with target prices ranging from HK$46 to HK$49.

(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.)

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