New Stock News | Kaleido Technology (02729) subscription for shares is on fire, aiming to become the first stock in Siasun Robot & Automation, a "full-stack intelligent on-site logistics" company.

Logistics leader Siasun Robot & Automation Longtou Kai Leshi Technology (02729) will be listed from March 16 to March 19, with a total of 36.798 million shares to be issued at a price of 200 shares per lot. The entrance fee is HK$ 4,121.15, and it is expected to be listed on March 24. The IPO has received strong market demand, with securities firms lending out HK$ 1.967 billion, oversubscribed by 26.20 times as of March 18, demonstrating investor recognition of the company's investment value. Kai Leshi Technology is rare in the domestic full-stack intelligent intra-logistics Siasun Robot & Automation company, focusing on providing products and solutions for intelligent intra-logistics in the industry, and has established a strong leading position. According to Frost & Sullivan data, Kai Leshi Technology ranks among the top five comprehensive intelligent intra-logistics Siasun Robot & Automation companies in China based on revenue projections for 2024. It is worth noting that Kai Leshi Technology is one of the few companies globally that masters the full-stack Siasun Robot & Automation technology and has a fully independent research and development product portfolio in the field. It has also achieved full coverage of core functions in intra-logistics and can fully meet the needs of all scenarios in terms of height and load. On the business front, the company's full-stack application scenarios have seen substantial incremental implementation. With Kai Leshi Technology's precise customized capabilities, its application scenarios have extended from traditional warehouses to floor warehouses, high-standard warehouses, and other types of facilities, expanding from the circulation field to the manufacturing field, meeting the full lifting requirements in all scenarios, and adapting to personalized logistics needs in various industries such as automotive, new energy, and pharmaceuticals. This strong market adaptability is reflected in the order volume: as of September 30, 2025, the company has served 861 customers across 29 industries, with over 1,600 projects implemented, including several large benchmark projects with amounts exceeding one billion. Kai Leshi Technology continues to lead with three major advantages of "technology + scenarios + ecology," demonstrating a clear growth path, stable fundamentals combined with favorable profit expectations, driving the high demand for this IPO. As the first stock of the full-stack intelligent intra-logistics Siasun Robot & Automation, Kai Leshi Technology's subsequent performance in the capital market is worth attention.