King Wealth News | AJ Union (09880) repeatedly rose, as of the submission, up 7.71%, at 102 Hong Kong dollars, with a turnover of 0.282 billion Hong Kong dollars.

AJ Union co-founder and CTO Xiong Youjun recently revealed at the Smart Terminal and Siasun Robot&Automation Industry Development Cooperation Conference in Liuzhou City that AJ Union's Liuzhou Smart Siasun Robot&Automation Industry Base started trial production and operation in December 2022, and the project transitioned to the Robotics Industry Park in the Northern Ecological New Area, with completion of the core components servo drive production line, industry service Siasun Robot&Automation complete skateboard line, intelligent cleaning and other consumer Siasun Robot&Automation complete machine production line. The Liuzhou AJ Union Robot&Automation Super Smart Factory project, which completed land acquisition and started construction last year, has already completed some of the main buildings, with the structural topping-out expected by the end of this year, aiming to start trial production in the first quarter of next year.

AVIC Securities stated that as the mass production of Tesla Optimus approaches, the industry is expected to see catalysts such as fixed-point, standardization, and production rhythm confirmation in the fourth quarter, with the sector's market expected to continue, recommending focus on Tire1 (Tier 1 suppliers) and core component segments.