GALAXIS TECH (02729) surged more than 14% during intraday trading, and as of press time, it was up 12.62% at HK$23.02, with a turnover of HK$1.0997 million.

On the news front, in the first half of this year, GALAXIS TECH achieved revenue of approximately RMB 505 million, representing a year-on-year increase of 45.1%. As of the end of June, the company had pending delivery orders worth approximately RMB 2.2 billion, including 56 ongoing overseas projects with a pending delivery amount of RMB 710 million. In the first half, overseas business opportunities grew 61.5% year-on-year, with a cumulative total of 22 overseas partners covering 31 countries and regions. The company also made breakthroughs in markets such as Australia, Japan, and Brazil, as well as being listed as a global shuttle supplier for a Swedish home furnishing retailer.

Guohai Securities believes that the company is committed to providing integrated "hardware + software + artificial intelligence" solutions for warehousing and in-plant logistics. The company is expected to benefit from the intelligent upgrading of manufacturing, rising demand for e-commerce and retail warehousing automation, Chinese enterprises going global, and the growth in demand for intelligent logistics equipment driven by the restructuring of global supply chains. In the future, as pending orders are gradually delivered, overseas localization efforts continue to deepen, the demonstration effect of benchmark projects is released, and economies of scale emerge, the company's revenue is expected to maintain rapid growth, and its profitability is expected to improve gradually.