On June 12, QuantGroup (02685.HK) rose 5.31% in regular trading, trading at HKD 14.8 per share, with turnover of HKD 167 million. The stock rebounded after retreating significantly from its June 4 peak of HKD 23.64.

On the news front, the company's wholly-owned subsidiary Silicon-based Intelligence recently signed a strategic cooperation framework agreement with Beijing Ruihong Embodied Intelligent Robot Technology Co., Ltd. The two parties will leverage their respective strengths in AI, scenario applications, robot hardware, and flexible control to jointly advance R&D innovation and commercialization of embodied intelligent robots across household services, commercial scenarios, and automotive showrooms.

Additionally, the controlling shareholders (holding approximately 38.05% of equity) voluntarily extended the original lock-up period by two months to March 26, 2027, alleviating market concerns over large-scale share unlocking. The company also disclosed completion of multiple AI technology verifications in restaurant and dining consumption scenarios, with R&D testing performance reported as stable, though no definitive commercialization timeline has been established.

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