HK Stock Movement | DOBOT (02432) Rises Over 2% Against Market Trend, Secures Strategic Partnership with LENS for 1,000 Robot Orders

Stock News
Nov 05

DOBOT (02432) defied the broader market trend, climbing over 2%. At the time of writing, the stock was up 2.57% to HK$51, with a turnover of HK$32.89 million.

On November 4, DOBOT announced via its official WeChat account that it has entered into a deep strategic partnership with LENS Technology. The agreement, signed by LENS Chairman and General Manager Zhou Qunfei and DOBOT Founder, Chairman, and CEO Liu Peichao, centers on a procurement order for 1,000 robots and a commitment to further elevate collaboration. This marks a new phase of large-scale, comprehensive strategic cooperation, with both parties aiming to set a global benchmark for industrial intelligent upgrading.

Under the agreement, LENS has pledged to purchase 1,000 embodied intelligent robots from DOBOT by 2025. This substantial factory deployment order represents a key milestone in their partnership.

Notably, DOBOT has recently secured multiple positive developments. On October 30, the company signed an embodied intelligent robot procurement contract with Ruidefeng Precision Technology Co., Ltd., valued at over RMB 80.5 million, covering humanoid robots and embodied intelligent collaborative robots among other products and solutions.

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