Debot Corp: The world's second-largest and China's largest collaborative robot manufacturer.

Offering Details: Debot plans to globally offer 40 million H shares, with 5% allocated for the Hong Kong offering and 95% for the international offering.

Pricing: The issue price per share is set between HKD 18.80 and HKD 20.80, with a minimum lot size of 200 shares, making the entry fee approximately HKD 4,201.96.

Offering Period: December 13 to December 18.

Listing Date: December 23.

IPO Sponsors: Guotai Junan International and Agricultural Bank of China International.

Debot Corp (Stock Code: 02432) is conducting its IPO from December 13 to 18. This is the third 18C new stock; the mainland collaborative robot developer plans to issue 40 million H shares, with an offering price between HKD 18.80 and HKD 20.80, aiming to raise up to HKD 830 million. Each lot consists of 200 shares, with an entry fee of about HKD 4,202. Debot Corp is expected to be listed on December 23, with Guotai Junan International and Agricultural Bank of China International serving as joint sponsors.

(Source: Debot Corp Holdings Prospectus)

Company Overview

According to the prospectus, Debot Corp is one of the leading companies specializing in the development, manufacturing, and commercialization of collaborative robots. Based on a report by Frost & Sullivan, the company ranked second globally in terms of shipment volume in the collaborative robot industry in 2023 and is the largest in China, holding a global market share of 13.0%.

Collaborative robots are equipped with operational robotic arms, designed for direct human-machine interaction or collaboration in shared spaces or close proximity. These robots provide significant value by enabling seamless and safe cooperation between personnel and machines, enhancing productivity, flexibility, and quality across various industries.

Financial Information

In 2021, 2022, and 2023, Debot Corp reported revenues of RMB 174 million, RMB 241 million, and RMB 287 million, respectively. The net losses for the same years were RMB 41.76 million, RMB 52.48 million, and RMB 103 million.

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✅ IPO financing 0%*

✅ 15x purchasing power^

（Source: uSMART HK）