New Stock News | Estun Automation (002747.SZ) to submit secondary listing application to the Hong Kong Stock Exchange

According to the disclosure on January 15 by the Hong Kong Stock Exchange, Nanjing Estun Automation Co., Ltd. (002747.SZ) has submitted an application for listing on the main board of the Hong Kong Stock Exchange, with Huatai International as its exclusive sponsor. The company had previously submitted an application for listing to the Hong Kong Stock Exchange on June 27, 2025. According to the prospectus, Estun Automation is a leading enterprise in the Chinese industrial Siasun Robot & Automation industry. According to data from Frost & Sullivan, the company has been the top local enterprise in terms of shipments of industrial Siasun Robot & Automation solutions in the Chinese market for several years. According to the same institution, Estun Automation achieved a historic breakthrough in the first half of 2025, surpassing foreign brands in terms of shipments of industrial Siasun Robot & Automation in the domestic market, becoming the first domestic Siasun Robot & Automation company to dominate the Chinese market for Siasun Robot & Automation solutions. In terms of revenue, the company also ranks first among industrial Siasun Robot & Automation companies. Based on revenue in 2024, Estun Automation ranks sixth among all manufacturers in the global and Chinese markets, with market shares of 1.7% and 2.0%, respectively.