New stock news | Siasun Robot&Automation applies to the Hong Kong Stock Exchange again, as the leading provider of industrial intelligent mobile solutions in China for Siasun Robot&Automation.

According to the disclosure on January 4th by the Hong Kong Stock Exchange, Staned Siasun Robot & Automation (Wuxi) Co., Ltd. (referred to as Staned Siasun Robot & Automation) submitted an application for listing on the main board of the Hong Kong Stock Exchange, with CITIC SEC and GUOTAI JUNAN I as joint sponsors. The company previously submitted an application to the Hong Kong Stock Exchange on June 23, 2025. Company Overview The prospectus shows that Staned Siasun Robot & Automation is a leader in industrial intelligent mobile robot solutions, committed to empowering smart factories in various industrial scenarios. The company is also a pioneer in providing industrial intelligent mobile robot solutions. The company can customize integrated technology platforms, intelligent robots, and intelligent collaborative systems to provide a one-stop solution for intelligent robot automation. According to data from Zhaoci Consultation, as of December 31, 2024, Staned Siasun Robot & Automation is the fourth largest provider of industrial intelligent mobile robot solutions in China, with a market share of 3.2% based on sales volume. The company's high-quality solutions are recognized and used by over 400 customers worldwide, many of whom are leading enterprises in their respective fields. Based on the volume of shipments in 2024, the company is one of the largest providers of industrial intelligent mobile robot solutions in several high-tech industries globally: ranking second in the computer, communication, and consumer electronics (3C) field (with a market share of 2.9%), second in the automotive field (market share of 4.7%), and fifth in the semiconductor field (market share of 1.0%). According to the same data, Staned Siasun Robot & Automation is one of the few companies in the industry that has independently developed full-stack technology. The company is a pioneer in China in industrial intelligent robot system engineering and proprietary robot operating systems. The company has become one of the first companies to release Simultaneous Localization and Mapping (SLAM) technology. The company is at the forefront of positioning, navigation, control, perception, and operation technology, providing intelligence, efficiency, stability, and safety to robots. With world model and multi-robot collaborative technology support, robots have the ability of collective intelligence. Based on leading robot technology and artificial intelligence (AI) technology, and relying on proprietary data obtained from practical industrial scenarios, according to Zhaoci Consultation data, the company is the first in China to achieve a world model and collective intelligence for industrial robot systems. With innovative technology, the company provides efficient robot solutions for various industrial scenarios. The company mainly provides customized one-stop robot solutions for customers. Depending on customer needs, the company may also provide individual robot sales and related accessories, software, and services to customers. The company's robots are sold individually under robots and other departmental categories, or integrated into robot solutions under robot solution department, sharing the same core technology platform. Financial Information Revenue: For the financial years 2022, 2023, 2024, and the nine months ending September 30, 2024 and 2025, Staned Siasun Robot & Automation achieved revenues of 96.275 million yuan, approximately 162 million yuan, approximately 251 million yuan, approximately 157 million yuan, and approx... Profit: For the financial years 2022, 2023, 2024, and the nine months ending September 30, 2024 and 2025, Staned Siasun Robot & Automation incurred losses of approximately 128 million yuan, approximately 100 million yuan, 45.144 million yuan, 56.608 million yuan, and approx... Industry Overview With the continuous advancement of technology and the deepening application of industrial scenarios, industrial intelligent mobile robot solutions are evolving towards higher intelligence, more flexible deployment, and larger-scale applications. The importance of industrial intelligent mobile robot solutions is becoming increasingly prominent and expanding rapidly. In terms of sales volume, the global market size of industrial intelligent mobile robot solutions increased from 16,600 units in 2020 to 60,800 units in 2024, with a compound annual growth rate of 38.4% from 2020 to 2024. The market is expected to further increase to 358,600 units by 2029, with a compound annual growth rate of 40.0% from 2025 to 2029. The global market size of industrial intelligent mobile robot solutions increased from 58 billion yuan in 2020 to 153 billion yuan in 2024, with a compound annual growth rate of 27.2%. As more companies introduce and apply industrial intelligent robot solutions, it is expected that the global market size of industrial intelligent mobile robot solutions will further increase to 814 billion yuan by 2029, with a compound annual growth rate of 37.1% from 2025 to 2029. China and the Asia-Pacific region are important hubs for global industrial development and also one of the main application markets for industrial intelligent mobile robot solutions. The market size of industrial intelligent mobile robot solutions in China increased from 6,400 units in 2020 to 34,500 units in 2024, with a compound annual growth rate of 52.3% from 2020 to 2024. In terms of sales of industrial intelligent mobile robot solutions, China accounted for more than 50% of the global market in 2024. It is expected that by 2029, the market size will further expand to 160,500 units, with a compound annual growth rate of 33.8% from 2025 to 2029. Board Information The board of directors will consist of seven directors, including three executive directors, one non-executive director, and three independent non-executive directors. The board is responsible for the management and operation of the company and has overall authority. Directors serve a term of three years and are eligible for re-election after the term expires. Equity Structure The equity structure of Staned Siasun Robot & Automation is centered around founder Wang Yongkun, with external shareholders including Xiaomi Group, Bohai Capital, and other well-known institutions. Specifically: Wang Yongkun owns 12.80% of the shares directly and indirectly controls 14.30% of the shares through the employee shareholding platform Staned Automation. Xiaomi Group holds 8.40% through the Beijing Xiaomi Smart Manufacturing Fund. Liangxi Investment associated with Bohai Capital holds 14.29%, with a direct shareholding of 7.26%, making it the largest institutional shareholder. Intermediary Team Joint sponsors: CITIC SEC (Hong Kong) Limited, GUOTAI JUNAN Finance Limited Legal Counsel for the company: For relevant Hong Kong and US laws: Ri Sheng International Solicitors Limited; For Chinese laws: Hankun Law Firm; For US foreign investment rules, sanctions, and export control laws: Hankun International Solicitors Limited Legal Counsel for joint sponsors: For Hong Kong laws: A nearby law firm; For Chinese laws: Jingtian & Gongcheng Law Firm Auditors and reporting accountants: Ernst & Young Independent Industry Consultant: Zhaoci Industry Consulting Co., Ltd.