Ningbo ZhongDa Leader Intelligent Transmission Co Ltd

Zhongda Leader announced that it plans to issue A-shares to specific investors, raising total proceeds of no more than 530 million yuan. After deducting issuance expenses, the funds will be used for an embodied AI joint module production project, an industrial automation distributed intelligent execution unit production project, a research and development center upgrade and construction project, and to supplement working capital.

On July 3, the A-share market rebounded in volatile trading, with more than 3,800 stocks rising across the board. The humanoid robot concept led the gains throughout the day, with Estun Automation hitting the daily limit up for the fourth time in three sessions, while Wolong Electric Drive, Riying Electronics, and Zhongda Leader also surged by the daily limit. Commercial aerospace stocks also soared, with M&S Electronics hitting the daily limit up and Aerospace Huanyu jumping over 16 percent. In terms of news, the July launch window is seeing a concentrated burst of activity, with Wenchang planning three high-density launches, and the Long March 10B reusable rocket set for its maiden flight in mid-July. On the robotics front, UBTECH released its ultra-realistic humanoid robot U1 series, with orders for the U1 increasing more than tenfold compared to previous sales of full-sized embodied intelligent humanoid robots. Institutions widely believe that the A-share market is currently in a deepening phase of structural trends, with tech growth remaining the core mainstay.

During early trading in the A-share market on July 3, the humanoid robot concept sector was active. Shoukai Shares hit limit up at the open, Leisai Intelligent locked in a second consecutive daily limit up, and Jingxing Paper, Zhongda Leader, Riying Electronics, and Wolong Electric Drive all followed the upward trend.