Hong Kong Stock Move: JOYSON ELEC Surges Over 8% as Tesla Robot Mass Production Accelerates, Company Positioned as "Automotive + Robotics Tier 1"

Stock News
Sep 28

According to reports, JOYSON ELEC (00699) rose more than 8% in early trading. As of press time, it was up 6.29% at HK$13.01, with turnover of HK$32.9446 million.

On the news front, according to reports, Tesla has increased production of its Optimus humanoid robot by approximately tenfold in recent months, but the company is still striving to achieve large-scale reliable production. Previously, according to media reports, people in the local industry chain in Ningbo confirmed that Tesla-related teams have inspected the robotics businesses of listed companies in Ningbo including JOYSON ELEC. Several of these listed companies had previously cooperated with Tesla for many years on new energy vehicle components, and it is expected that some of their robot components may be adopted for Tesla's mass production of the Optimus humanoid robot.

A research report from Guosen Securities pointed out that JOYSON ELEC is positioned as an "Automotive + Robotics Tier 1" company, actively laying out in the emerging intelligent agent industry chain to create a second growth curve. On July 17 this year, JOYSON ELEC appeared at the "2026 World Artificial Intelligence Conference (WAIC)", unveiling multiple core component assembly solutions including dexterous hands, solid-liquid hybrid batteries, third-generation AI head assemblies, electronic skin, and embodied intelligent agent brains, as well as the latest achievements in robot industrial scenario training and applications. JOYSON ELEC also announced that its embodied intelligence business is accelerating commercialization, with products such as controllers already in mass production supply for leading robotics companies.

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