New stock news: Hua Yan Siasun Robot & Automation (01021) launches Hong Kong IPO, focusing on intelligent collaboration in Siasun Robot & Automation's global layout.

On March 20, Siasun Robot&Automation (01021) officially launched its IPO on the Hong Kong Stock Exchange. The company has recently passed the listing hearing on the main board of the Hong Kong Stock Exchange, with CICC and Deutsche Bank as its joint sponsors. The IPO period is from March 20 to March 25, with approximately 80.78 million shares planned to be sold globally. Approximately 5% will be publicly sold in Hong Kong, while approximately 95% will be sold internationally, with an additional 15% of over-allotment option. According to reports, the cornerstone investors in this IPO include Hillhouse Capital, GF Fund, Morgan Stanley, and funds under Vertex, such as VVC Technology, with a total subscription amount of $98.4 million. Siasun Robot&Automation is a company that collaborates with Siasun Robot&Automation to develop, produce, and sell collaborative robots and core motion components for industrial applications. In the previous period, the company mainly sold its products to customers in mainland China, Europe, the Americas, and other regions in Asia. According to Frost & Sullivan, the global collaborative robot market revenue is expected to reach RMB 7.5 billion by 2024, accounting for approximately 1.7% of the total global collaborative robot market revenue of RMB 431.6 billion. As of March 10, 2026, the company has successfully commercialized two major collaborative robot series products and all core motion components products. It is reported that the raised funds will primarily be used to enhance research and development capabilities, invest in artificial intelligence technology research and development, develop core motion components for humanoid robots, and continue to develop the next generation of high-performance collaborative robots. As a leading collaborative robot company in China, Siasun Robot&Automation is expected to further consolidate its industry position and expand its growth space with the support of its strong technical expertise and global presence in the capital market.