LUYUAN GP HLDG (02451) surged more than 5% in afternoon trading, gaining 4.64% to HKD 12.4 by the time of writing, with a turnover of HKD 4.99 million. The uptick follows the signing of a strategic cooperation framework agreement between LUYUAN GP HLDG and DOBOT in Jinhua on November 27. Under the agreement, the two companies will explore large-scale, phased applications of embodied intelligent robots across LUYUAN's nationwide network of over 10,000 stores, targeting an initial deployment of 5,000 units.

LUYUAN GP HLDG is a leading enterprise in China's electric bicycle industry, specializing in the R&D, manufacturing, and sales of electric vehicles, with strong brand recognition, extensive distribution channels, and advanced smart manufacturing capabilities. The collaboration with DOBOT for smart store upgrades leverages DOBOT's core technological strengths in AI-based intelligent control, motion planning, and multi-scenario adaptability, as well as its comprehensive capabilities spanning whole-machine design, system integration, and full lifecycle services.