Changes in Hong Kong stocks | Eston (02715) rose nearly 6% in the afternoon and the acquisition of Eston Cool will improve the company's industrial chain layout

The Zhitong Finance App learned that Eston (02715) rose nearly 6% in the afternoon. As of press release, it had risen 5.17% to HK$19.33, with a turnover of HK$166 million.

According to the news, Eston recently announced that it plans to acquire shares in Eston Cool, with a total transaction amount of 487 million yuan. After the transaction is completed, the company will indirectly hold 100% of Eston Cool's shares and include them in the scope of the consolidated statement. The target of this acquisition is highly collaborative with Eston's main business, which helps improve the company's industrial chain layout.

According to reports, Eston Cool's main business is the R&D, production, and sale of collaborative robots, embodied intelligent robots and their core components. The main products are collaborative robots with a load of 3-35 kg and embodied intelligent robots and their core components. Since its establishment in 2022, Eston Cool has completed the development of two generations of humanoid robots, 17 high-end collaborative robots, 4 composite mobile robots, and various robot workstations such as welding and palletizing, with embodied intelligence as the core technology and intelligent robots as the product carrier.