New stock news | Smart Elements Siasun Robot&Automation plans to list in Hong Kong next year with a target valuation of 5.1 billion to 6.4 billion US dollars.

According to media reports, Zhyun Siasun Robot&Automation plans to go public in Hong Kong next year. The company has hired CICC, CITIC SEC and Morgan Stanley to handle its stock issuance matters, with an estimated valuation target of 5.1 to 6.4 billion US dollars. Public information shows that Zhyun Siasun Robot&Automation was established in February 2023 by former Huawei vice president Deng Taihua and "genius teenager" Peng Zhihui. The company focuses on the research and production of embodied intelligent Siasun Robot&Automation, independently developing core components, machine integration, and large-scale embodied base models, with products covering industrial smart manufacturing, commercial logistics, and other fields. The company is dedicated to innovative integration of AI and Siasun Robot&Automation, aiming to create a globally leading general-purpose embodied Siasun Robot&Automation product and application ecosystem. Zhyun uses the Siasun Robot&Automation body as the foundation, integrating interaction/operation/motion intelligence to create a three-intelligence and application ecosystem, making it the only Siasun Robot&Automation enterprise in the industry to achieve a full range of products and scenarios. With leading product technology and ecosystem, Zhyun Siasun Robot&Automation has become the first in the world to achieve large-scale production and commercial landing of humanoid Siasun Robot&Automation, with products sold to multiple countries and regions worldwide. In January 2025, the 1000th general-purpose embodied Siasun Robot&Automation officially went into mass production, breaking industry records. According to Zhyun Siasun Robot&Automation on October 9th, the company officially announced a deep strategic cooperation with the global intelligent product ODM leading enterprise Shanghai Longcheer Technology (603341.SH) in the industrial scene of embodied intelligent Siasun Robot&Automation applications. Shanghai Longcheer Technology has placed an order for the Zhyun Elf G2 Siasun Robot&Automation framework amounting to hundreds of millions, deploying nearly a thousand Siasun Robot&Automations under this collaboration, making it one of the largest orders in the domestic industrial embodied intelligent Siasun Robot&Automation field.