Humanoid robot concept stocks active, Seashine New Materials surges over 12%

Gasgoo Munich-Humanoid robot stocks have been gaining momentum recently.

Seashine New Materials surged more than 12%, while Zhejiang Rongtai and EFORT gained over 6%. Tuopu Group, Sanhua Intelligent Controls, Shangwei New Materials, and Ruineng Technology also moved higher.

Founded in 2001, Seashine New Materials is a high-tech enterprise specializing in the R&D, production, and sales of powder metallurgy products. The company listed on the Shenzhen Stock Exchange’s ChiNext board in September 2020. Its products are primarily used in power tools, automotive, office equipment, and home appliances. This positions the firm as a leader in the powder metallurgy parts niche for power tools. The company is expanding into MIM (Metal Injection Molding), SMC soft magnetic materials, and precision machining for gears and gearbox actuators. It aims to tap into emerging sectors like automotive, robotics, and new energy.

Image Credit: Seashine New Materials

On the news front, Japan Airlines announced on April 29 that it will begin testing humanoid robots for ground handling duties at Tokyo’s Haneda Airport in May. The move aims to reduce labor costs.