JOHNSON ELEC H (00179) surged over 9%, with its stock price having accumulated gains of more than 2.2 times year-to-date. As of press time, the stock rose 9.5% to HK$33.88, with a turnover of HK$424 million.

On the news front, in July this year, JOHNSON ELEC H announced the establishment of two joint ventures with Shanghai Electric. The design and manufacturing company will be 51% owned by JOHNSON ELEC H, while the sales company will be controlled by Shanghai Electric with JOHNSON ELEC H holding a 49% stake. The primary purpose of establishing these two joint ventures is to serve the domestic humanoid robot market. The planned products include waist and hip joints, knee joints and ankle joints, as well as dexterous hand actuators and sensors.

Citigroup previously noted that although JOHNSON ELEC H's first quarter sales declined by 2%, sales are expected to resume growth in the second and third quarters due to a solid order backlog. Additionally, the company's strong momentum in the humanoid robot market is expected to bring larger-scale business opportunities.

Furthermore, according to the company's previous annual report, JOHNSON ELEC H is expanding into differentiated and innovative drive system solutions, including robotics, warehouse automation, medical equipment, electric bicycles, as well as high-precision manufacturing and measuring equipment. The company plans to enter the AI server thermal management systems business.

According to the company's official website, the AI server thermal management business includes thermal management system components such as cooling pumps. In May 2025, the company launched the new DCP series liquid cooling pumps, which feature high efficiency, low noise and modular design, specifically tailored for modern data centers and AI server architectures.