Industrial robotics technology company RobotPhoenix Intelligent Technology Co., Ltd. (06871.HK) has launched its Hong Kong IPO. The offering period runs from May 8 to May 13. The company plans to globally offer 24,600,000 H Shares, subject to a clawback mechanism. The offer price is set at HK$30.50 per share, with a board lot size of 100 shares and an entry fee of approximately HK$3,080.75 per board lot. The company is expected to be listed on the Main Board of the Stock Exchange of Hong Kong on May 18. ABCI is the sole sponsor.

RobotPhoenix Technology: Ranked Fourth in China’s Light Industrial Robotics Market

Offering Structure: Approximately 5% for the Hong Kong public offering (1,230,000 shares) and approximately 95% for the international placing (23,370,000 shares), subject to reallocation.

Offer Price: HK$30.50 per share; board lot size of 100 shares; entry fee of approximately HK$3,080.75 per board lot.

Offering Period: May 8 – May 13 (expected allotment results announcement on May 15).

Listing Date: May 18.

IPO Sponsor: ABCI.

Company Overview

RobotPhoenix Technology is a Chinese industrial robotics technology company focused on the design, research and development, manufacturing, and commercialization of industrial robots, while also providing integrated robotic solutions with a deep focus on light industrial application scenarios. The company has developed an industrial robot product portfolio specifically designed for China’s light industrial application scenarios, covering parallel robots (Bat series), AGV/AMR mobile robots (Camel series), SCARA robots (Python series), wafer-handling robots (Lobster series), and six-axis industrial robots (Mantis series). The company also possesses self-developed core technologies, namely its control and vision systems (Gorilla and Kingkong series). According to a report by Frost & Sullivan,based on revenue in 2025, RobotPhoenix Technology ranked fourth among domestic companies in China focusing on industrial robots and related robotic solutions for light industrial application scenarios.

Financial Information

The prospectus disclosed that RobotPhoenix Technology recorded revenue of approximately RMB201.2 million, RMB268.0 million, and RMB387.4 million in 2023, 2024, and 2025, respectively. Net profit (loss for the year) for the same periods amounted to approximately RMB110.6 million, RMB71.5 million, and RMB152.9 million in losses, respectively. Based on the offer price of HK$30.50 per share, the company is expected to raise net proceeds of approximately HK$673 million. The proceeds are intended to be used for robotics technology development (approximately 40.0%), production line development and capacity construction or optimization (approximately 28.0%), expansion of overseas business networks (approximately 12.0%), investments in upstream and downstream supply chains (approximately 10.0%), and working capital replenishment (approximately 10.0%).

uSMART launches “HK IPO Fee-Waiver Offer” – subscribe to new shares at zero cost

Margin subscription: 0 % interest, leverage up to 10×

Cash subscription: HK$0 handling fee

Grey-market trading supported

* 0 % interest applies to margin subscription amounts of HK$20 million or below.

^ All handling fees are waived for cash subscriptions.

This promotion is effective from 5 December 2025 until further notice. Certain high-profile IPOs may be excluded. The actual interest rates and fees charged are those shown in the uSMART App subscription interface; statutory government and exchange levies will still apply. The company reserves the right to amend, suspend or terminate the above offer or its terms and conditions at any time without prior notice, and its interpretation shall be final.

How to Subscribe for RobotPhoenix Technology via uSMART HK

The uSMART HK App features an IPO Centre with exclusive perks, allowing clients to subscribe instantly to public offerings. After logging into the app, tap "Trade" at the bottom-right, go to "IPO Subscription," select RobotPhoenix Technology, tap "Public Offer," enter your subscription quantity, and submit your order.

(Image source: uSMART HK App)