On June 3, Estun Automation rose 5.54% in regular trading, trading at 17.39 HKD/share, with trading volume of 50.89 million HKD, extending its recent rebound momentum.

On the news front, humanoid robot industry tailwinds continue to build. Tesla previously announced the conversion of its Model S and X production lines into dedicated humanoid robot manufacturing facilities, with its third-generation humanoid robot expected to commence mass production in July-August, solidifying industry-wide volume expectations.

At the company level, Estun reported Q1 net profit attributable to shareholders of 97.84 million yuan, surging 674.64% year-over-year. Notably, the company's industrial robot shipments surpassed foreign brands for the first time, ranking first domestically, while branded robot revenue grew nearly 50% year-over-year. The stock had previously pulled back following shareholder share transfers that triggered concerns over potential selling pressure, but with short-term selling largely absorbed, the combination of robust fundamentals and favorable industry trends has drawn capital back into the stock.

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