Core Viewpoint - Liken Technology (00558) has seen a significant stock price increase, rising over 9% and currently trading at 3.99 HKD, with a transaction volume of 183 million HKD. This surge is attributed to the company's strategic collaboration in the humanoid robot development project focusing on magnesium alloy technology [1]. Group 1: Strategic Collaboration - On July 27, Liken Technology, along with several partners, signed a strategic cooperation agreement to initiate a joint research project on magnesium alloy humanoid robots, targeting breakthroughs in core technologies such as magnesium alloy shell forming and lightweight structural design [1]. - The collaboration includes Shenzhen Cyborg Robotics Co., China Machinery Group Shenyang Casting Research Institute, Fujian Magnesium Alloy Lightweight R&D Center, and Suzhou Saifis New Materials Technology Co. [1]. Group 2: Market Potential and Technology - According to Minsheng Securities, the application of robots is expected to significantly increase the demand for magnesium, with the mass production of humanoid robots projected to require approximately 13.7 kg of magnesium per unit for motor shells and body parts [1]. - Liken Technology's TPI magnesium alloy semi-solid die-casting technology has addressed traditional process defects, enhancing strength by 30%, which facilitates the mass production of complex robot components [1]. - The company's 13,000-ton ultra-large die-casting equipment has been showcased at international exhibitions, indicating an accelerated industrialization process [1].