On July 8, Laifual Drive (03952.HK) declined 5.32% in regular trading, trading at 110.5 HKD/share, with turnover of approximately HKD 26.15 million. The stock retreated from elevated levels after accumulating nearly 70% gains over the prior three trading sessions, having touched a post-listing high of HKD 119.6 on July 7.

The recent rally was primarily catalyzed by Unitree Technology's STAR Market IPO registration becoming effective. Unitree is widely expected to become the first pure-play humanoid robot company listed on A-shares, providing a clear valuation anchor for the entire supply chain and systematically lifting the valuation of upstream component suppliers such as harmonic reducer manufacturers.

Laifual Drive listed on the Hong Kong Stock Exchange on June 30 at an offer price of HKD 85.50. By shipment volume, the company ranks second among China's robot harmonic reducer providers with a 21.4% market share, and is one of only two domestic manufacturers that have achieved mass production and delivery of harmonic reducers for humanoid robots.

(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.)