Changes in Hong Kong stocks | Luyuan Group Holdings (02451) rose more than 7% in early trading, and embodied intelligence is expected to become an important addition to the company's “one two wings” strategy

The Zhitong Finance App learned that Luyuan Group Holdings (02451) rose more than 7% in early trading. As of press release, it rose 5.65% to HK$13.64, with a turnover of HK$11.9874 million.

According to the news, recently, Luyuan Group Holdings disclosed its interim results and held a communication meeting to explain in detail the latest developments in the “One, Two Wings” strategy. In the context of the industry entering a stock replacement cycle and electric two-wheeler competition shifting from scale expansion to quality upgrading, the company uses the domestic two-wheeler and three-wheeler business as the basic market, and the two new overseas and smart businesses as the two wings of growth.

Zheshang Securities released a research report saying that Luyuan is promoting orders for over 100,000 sets of high-precision planetary deceleration joint modules and 10,000 complete units, and the business is gradually moving from early technology and product verification to large-scale manufacturing and commercialization. Due to product upgrades, the delivery pace has moved backwards. It is estimated that about 50% of manufacturing deliveries will be completed in 2026, and the rest will be delivered in 2027H1. As orders for core components and complete machines are fulfilled one after another, physical intelligence is expected to become an important addition to the company's “two wings in one” strategy.