New Stock News | The first stock of "Siasun Robot&Automation" with "Space Intelligence" is oversubscribed over 3392 times!

Intelligent Space Siasun Robot&Automation, the first stock of Siasun Robot&Automation (01236), is currently in the process of listing. According to market data, as of now, brokers have lent out a total of 339.378 billion Hong Kong dollars for margin trading. Based on the public offering amount of 100 million Hong Kong dollars, the oversubscription rate is 3392.78 times. Siasun Robot&Automation plans to globally issue 33.33 million H shares, with 10% available for public offering in Hong Kong at a price range of 24 to 30 Hong Kong dollars per share. The minimum lot size is 200 shares, with an estimated entry fee of approximately 6060.5 Hong Kong dollars. The company is expected to be listed on May 11, with Haitong International and Guotai Junan International as joint sponsors. According to the prospectus, Siasun Robot&Automation is a global leader in full-stack intelligent robotics based on perceptual intelligence. The company has developed a core visual perception-based intelligent robotics infrastructure and empowers various intelligent robotics applications, while also providing visual perception products and integrated intelligent robotics products. By 2024, the number of intelligent robots equipped with the company's visual perception technology will exceed 6 million. Based on data from Zhoushi Consulting, in terms of revenue in 2024, Siasun Robot&Automation is the world's largest intelligent robotics company with visual perception technology as its core. On the financial front, Siasun Robot&Automation has shown a pattern of continuous revenue growth, accelerating profitability, and steady improvement in operational quality over the past three years. The company's revenue in 2023 was 277 million RMB, which increased to 467 million RMB in 2024, a year-over-year growth of 69%. Further growth is expected in 2025 to 748 million RMB, a 60% increase over the previous year. The majority of revenue comes from sales of visual perception products and core businesses such as lawn mowing robotics. The proportion of overseas revenue increased significantly from 4% in 2024 to 18.4% in 2025, indicating significant progress in expanding overseas markets.