Zhitong Hong Kong stocks have known for a long time | Yushu Robotics has produced a total of 18,000 units of petroleum and natural gas, and the “15th Five-Year Plan” plan has been released
[Today's headlines]
Mass production of humanoid robots has accelerated significantly, and YuShu's IPO is expected to drive the reshaping of valuations of ontology manufacturers
On August 12, Yushu Technology (688836.SH) announced that its bionic biped humanoid robot has produced and discontinued production of about 18,000 units, excluding other humanoid and wheeled chassis products. Among them, G1 is the main source of growth. As of May, about 11,000 units have been offline, and about 7,000 units have been added in the past three months. In 2025, the actual shipment volume of the company's humanoid robots has exceeded 5,500 units. As production capacity continues to climb, the company's mass production capacity has further increased, which also reflects the acceleration of the humanoid robot industry from R&D verification to large-scale production and commercialization.
CITIC Construction Investment pointed out that the IPO price of Yushu Technology was 150.80 yuan/share, which exceeded expectations with a corresponding issuance market value of about 61 billion yuan, which is expected to drive the valuation reshaping of in-house manufacturers. Domestic chain manufacturers actively promote multi-dimensional capacity building such as “brain,” “cerebellum,” and “body,” and actively explore applications in multiple industrial and commercial scenarios, and the scale of shipments continues to expand; as the level of generalization of robots increases, it is expected that their implementation scenarios will expand further.
Robot accessories involve relevant Hong Kong stocks: Yuejiang (02432), Lansi Technology (06613), Johnson Electric Holdings (00179), Sanhua Intelligent Control (02050), etc.
[General outlook]
By the close of last Friday, the Dow Jones Industrial Average fell 272.63 points, or 0.51%, to close at 53459.78 points; the S&P 500 stock index fell 40.7 points to close at 7745.06 points, or 0.52%; and the Nasdaq Composite Index fell 84.25 points to close at 26644.91 points, or 0.32%.
The “Big Seven Tech Companies” fell collectively. Nvidia fell 0.07%, Apple fell 0.11%, and AI concept sectors such as storage and optical communications bucked the trend. Kioxia ADR rose more than 13%, SanDisk rose more than 8%, Western Digital rose more than 5%, and Micron Technology rose more than 4%. Coherent rose more than 7%, while Corning and Lumentum rose more than 4%.
The Nasdaq China Golden Dragon Index closed up 0.37%, Huazhu Hotels Group rose more than 11%, and the Hang Seng ADR index fell. On a proportional basis, it closed at 254,20.1 points, down 33.13 points or 0.13% from the Hong Kong closing.
WTI crude oil futures on the New York Mercantile Exchange rose by $2.55 for the month, or 3.09%, to close at $84.95 a barrel. COMEX gold futures rose 35.80 US dollars in the same month, or 0.81%, to 4473.1 US dollars/ounce.
[Hot Topics Preview]
The National Development and Reform Commission and the National Energy Administration issued the “15th Five-Year Plan for Oil and Gas Development”
The Zhitong Finance App learned that on August 17, the National Development and Reform Commission and the National Energy Administration issued the “15th Five-Year Plan for Oil and Gas Development”. Among them, it is proposed to complete the construction of an oil reserve system. Establishing a major national oil reserve system that organically combines government reserves, corporate social responsibility reserves, and enterprise production and operation inventories to complement each other, greatly improving risk resistance and safety assurance capabilities. Continue to strengthen the construction of government oil reserves, improve the corporate social responsibility reserve system, and maintain a reasonable level of enterprise production and operation inventories. Encourage social capital to strengthen the investment and operation of commercial reserve facilities and further increase the scale of reserves. Improve the institutional mechanism for oil reserves. Strengthen the monitoring of oil supply and demand.
Ningde Era (03750) Yichun lithium project welcomed significant progress
The much-publicized resumption of production at the Jianxiawo lithium mine in the Ningde era ushered in significant progress. On August 17, the Securities Times reporter learned that the Yichun Municipal Bureau of Ecology and Environmental Protection plans to accept the environmental impact assessment documents for the Yichun Times New Energy Mining Co., Ltd. (“Yichun Era”) Jianxiawo lithium mining project in Zhenkouli-Fengxin County, Yifeng County, Jiangxi Province. The current EIA report for the Ningde Era Jianxiawo lithium mine project also revealed many details of the company's resuming production process, including the scale of project mining.
China Gold International (02099): Changshan Trench Mine Slope Treatment Plan Approved and Mining Is Expected to Resume
A partial slope instability incident occurred at the Changshan Trench Mine on May 22, 2026. There were no casualties or equipment damage as a result of the incident. In order to ensure safety, open pit mining operations have been suspended at the Changshan Trench Mine, while the beneficiation operation uses existing low-grade ore stocks to maintain operation. Since then, the company organized external geotechnical engineering experts and professional institutions to carry out geotechnical evaluation and treatment plan design.
Haixi New Pharmaceutical (02637): HX9428 has been granted fast-track status by the US FDA for the treatment of neovasal age-related macular degeneration
Being granted FTD certification this time will help the company to develop closer communication with the FDA on the clinical development of HX9428 and advance its global clinical development process. HX9428 is a new innovative oral small molecule drug independently developed by Haixi Pharmaceutical. It is intended to be used to treat NaMD. Currently, anti-vascular endothelial growth factor (anti-VEGF) treatment is still the standard treatment for NaMD.
Colunbotai Biotech (06990) announced interim results with profit attributable to shareholders of 388 million yuan, turning a year-on-year loss into profit
According to the announcement, the increase in revenue during the period was mainly due to increased drug sales, which contributed 657 million yuan in revenue.
Innovation Industrial (02788) Announces 2026 Interim Results Profit attributable to shareholders of 2,304.5 billion yuan, up 166.1% year-on-year
The main reasons are (i) the sales price of the company's electrolytic aluminum products has increased compared to the same period last year, and revenue has increased; (ii) the company's increased green electricity usage ratio has reduced the company's production costs and increased gross profit; (iii) the company has actively optimized its financing structure, falling financing interest rates, and falling financial costs.
Cook Circle (02517) announced interim results, core operating profit of 225 million yuan, an increase of 18.3% year-on-year
Basic and diluted earnings per share were $0.0807, and the interim dividend was $0.0503 per share (tax included). The Group expects the total number of stores to exceed 13,100 in 2026, or more than 1,534 new stores. The Group expects to add new stores in the second half of 2026, mainly in the big-store model, and the closing rate is expected to be less than 4%. The Group expects the store efficiency to achieve high unit growth. The Group expects to have more than 95 million registered members. The Group expects steady growth in core operating profit this year.
Huazhu Group-S (01179) announced interim results with total revenue of 13.117 billion yuan, an increase of 10.96% year-on-year
Huazhu Group-S (01179) announced the second quarter and interim results of 2026. In the second quarter of 2026, the group obtained total revenue of RMB 7.121 billion (same unit), an increase of 10.82% over the previous year; net profit attributable to Huazhu Group Co., Ltd. was 1,577 billion yuan, an increase of 2.14% over the previous year; and basic profit per share was 0.5 yuan.
Connett Optics (02276) announced interim results. Profit attributable to shareholders of 301 million yuan increased 10.4% year over year
Profit attributable to owners of the parent company was $301 million, up 10.4% year on year; basic and diluted earnings per share were $0.63; an interim dividend of $0.2 per share was proposed.
Wugu Mill (01837) is expected to achieve net profit of about 150 million to 160 million yuan in the first half of the year, an increase of about 40%-50% year-on-year
The offline channel business, which includes supermarket counter business and offline shelf business, increased significantly compared to the same period last year.
Chow Sang Sang (00116) is pleased to expect profit attributable to shareholders from continuing operations to be approximately HK$2.1 billion to HK$2.2 billion in the medium term
The expected increase is mainly due to the increased sales performance of the retail business segment in major markets, and precious metals loans revalued at market value to achieve unrealized gains, while unrealized losses were recorded in the same period last year.
Gaowei Electronics (01415) announced interim results. Net profit attributable to equity shareholders was about US$898.74 million, an increase of about 33.3% year-on-year
The announcement stated that during the reporting period, the Group's revenue growth was mainly due to increased customer demand, increased shipments of high-end products, and continuous optimization of the product portfolio.
Hisense Home Appliances (00921) announced interim results, net profit of 1,658 billion yuan, a year-on-year decrease of 20.16%
Earnings per share were $1.21. According to the announcement, the company has responded positively to the national green and low-carbon transformation strategy and continues to make efforts in the four major directions of central air conditioning energy efficiency upgrading, refrigerant control and green compliance, equipment inventory renewal, and heat pump promotion to help the HVAC industry move towards sustainable and high-quality development. According to online industry statistics, the domestic multi-online market share reached 26.6% during the reporting period, continuing to lead the industry forward.
[Individual stock prices are clear]
Quanfeng Holdings (02285) announced interim results with adjusted net profit of about US$106 million, up 39.9% year on year
Quanfeng Holdings (02285) announced its 2026 interim results, with revenue of approximately US$1,029 million, up 12.8% year on year; gross margin increased from 33.3% to 39.3%.
Profit for the period was approximately US$106 million, up 11.6% year on year; adjusted net profit was approximately US$106 million, up 39.9% year on year; basic profit per share was $0.21, with an interim dividend of HK$0.3258 per share.
According to the announcement, the increase in revenue was mainly due to the rapid growth of the private label manufacturing (OBM) business and the active increase in inventory and replenishment by customers in response to the continued increase in demand in the terminal market. Gross margin rose 600 basis points to 39.3%, a record high, mainly due to (i) the increase in the share of high-margin OBM products (especially strong EGO) in the sales mix, (ii) continued improvement in operational efficiency, and (iii) receipt of tariff refunds during the period.