Estun Automation
Nanjing maker of industrial robots, servo systems and motion controllers, listed in Shenzhen and Hong Kong.
Estun Automation has 1 disclosed rounds on record since Mar 6, 2026, none with a published amount; the latest round, IPO (HKEX Main Board, H shares), was announced on Mar 6, 2026. Data as of Oct 1, 2026.
- Mech-Mind raises HK$2.35 billion at the top of its range as Hong Kong retail demand for the 3D vision supplier hits 3,835 times
Mech-Mind Robotics Technologies priced its Hong Kong listing at HK$101.70 per H share, the top of its HK$95.30 to HK$101.70 range, raising gross proceeds of HK$2,353.4 million before any over-allotment, according to its allotment results announcement. The Hong Kong public tranche was subscribed 3,835.36 times and the international tranche 13.39 times, and dealings in stock code 09615 were set to begin at 9:00 a.m. on September 1, 2026.
Mentioned - Rokae lists in Hong Kong at HK$38 and raises about HK$1.01 billion including the over-allotment after retail investors cover its offer 156 times
Rokae (Shandong) Robotics Group began trading on the Hong Kong Stock Exchange Main Board under code 3752 on 9 July 2026 after selling 23,031,900 H shares at a fixed HK$38.00, for gross proceeds of HK$875.2 million. The Hong Kong public tranche was subscribed 156.58 times and the international tranche 11.96 times, and a full over-allotment exercise on 5 August took the total raised to about HK$1,006.5 million.
Mentioned - Dobot's embodied AI robot sales jump fivefold to RMB20 million as its cobot business pays for the humanoid push
Hong Kong-listed cobot maker Dobot grew 2025 revenue 31.7% to RMB492.2 million, with embodied AI robots rising to RMB20.0 million from RMB3.9 million. Its net loss narrowed to RMB84.0 million, but the adjusted loss widened to RMB49.6 million as 39.3% of research spending went to embodied AI.
Mentioned - Geek+ turns an adjusted profit in 2025 as US sales overtake China
Hong Kong-listed warehouse robot maker Geek+ reported 2025 revenue of RMB3.17 billion, up 31.6%, and its first full-year adjusted net profit of RMB43.8 million, while its IFRS loss narrowed to RMB10.4 million. The United States became its largest single market and new orders rose 31.7% to RMB4.14 billion as the company pushes a warehouse foundation model and a wheeled humanoid toward production.
Mentioned - Huayan Robotics raises HK$1.58bn in Hong Kong debut after retail book is covered 5,059 times
Chinese collaborative robot maker Guangdong Huayan Robotics began trading in Hong Kong under code 1021 on 30 March 2026 after pricing its H shares at HK$17.00 and raising HK$1,579.34 million gross. The retail tranche was subscribed 5,059.38 times, while preliminary 2025 results showed revenue up 24.6% to RMB386.9 million and a net loss of about RMB29.9 million.
Mentioned - Estun lists in Hong Kong at the bottom of its range, raising HK$1.49 billion as China's top-selling robot brand returns to profit
Nanjing industrial robot maker Estun Automation began trading in Hong Kong on 9 March 2026 after pricing 96.78 million H shares at HK$15.36, raising HK$1.49 billion gross, with half of the net proceeds reserved for overseas plants, alliances and acquisitions. Its first annual results as a dual-listed company showed 2025 revenue up 21.93% and a small profit after a RMB810.93 million loss, while stabilisation buying down to HK$11.69 showed weak aftermarket demand.
Subject - AgiBot takes 63.6% of STAR Market-listed Swancor after tender offer, giving the humanoid maker a listed platform for about RMB2 billion
AgiBot's acquisition vehicle Shanghai Zhiyuan Hengyue and a concert party now hold 63.6232% of Swancor Advanced Materials after holders tendered 135,663,336 shares at RMB7.78 in a partial offer that closed on 28 October 2025, Swancor disclosed on 30 October. With share transfers registered in September, the stake cost about RMB2.0 billion, and the filings say the buyer has no explicit plan to change Swancor's business within 12 months.
Mentioned - SoftBank agrees to buy ABB's robotics division for $5.375 billion, killing the planned spin-off at 17 times EBITDA
SoftBank Group will acquire ABB Robotics for an enterprise value of US$5.375 billion, the two companies said on 8 October 2025, replacing ABB's plan to list the unit separately in 2026. The division had 2024 revenue of US$2.279 billion and about 7,000 employees, and the deal needs approval in the EU, China and the US before an expected close in mid-to-late 2026.
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