Understanding the Market | JOHNSON ELEC H rose over 3% as it partners with SMEIC to enter the humanoid robot joint field; institutions are optimistic about the company's long-term development prospects

Johnson Electric Holdings rose over 3%, as of the time of publication, it increased by 2.83%, reaching HKD 23.6, with a trading volume of HKD 47.2116 million. On the news front, recently, according to the announcement from Johnson Electric Holdings, the company has established two joint ventures with SMEIC, where the design and manufacturing company is 51% owned by Johnson Electric Holdings, and the sales company is controlled by SMEIC, with Johnson Electric holding 49%. The main purpose of establishing these two joint ventures is to serve the domestic humanoid robot market. The products to be developed include waist, hip, knee, and ankle joints, as well as dexterous hand actuators and sensors. Cathay Securities believes that Johnson Electric has a strong accumulation in the field of motor design and manufacturing, and cooperation with SMEIC is expected to strengthen its financial strength and capabilities in non-motor components, further enhancing its ability to develop core component systems for humanoid robots. The firm is optimistic about the long-term development prospects of Johnson Electric Holdings after further entering the humanoid robot component manufacturing sector