Beijing Yunji Technology Co., Ltd. (2670.HK) has officially launched its IPO in Hong Kong. The offering period is from October 8 to October 13, 2025. The company plans to globally issue approximately 6,900,000 H-shares, with around 345,000 shares for Hong Kong public offering and approximately 6,555,000 shares for international offering, along with an over-allotment option of 15%. The offer price is HKD 95.60 per share, with each board lot consisting of 50 shares, and the entry fee is approximately HKD 4,828.21. The listing on the Hong Kong Stock Exchange is expected to occur on October 16.

Yunji: A Leading AI Robotics Company in China

Offering Proportion: About 5% for Hong Kong public offering (345,000 shares), about 95% for international placing (6,555,000 shares).

Offer Price: HKD 95.60 per share; each board lot is 50 shares; entry fee is approximately HKD 4,828.21.

Offering Period: October 8–13 (expected pricing on October 15).

Listing Date: October 16.

IPO Sponsors: CITIC Securities (Hong Kong) Co., Ltd. and CCB International Capital Limited.

Company Overview

Yunji focuses on service robots and AI-enabled technologies. Its main business includes the design, production, and sale of robots and related components, as well as providing AI-based digital system services. The company’s products include the UP series of multi-functional robots, intelligent control modules, and the AI-driven operating system YJ-ROS. These products are widely used in hotels, healthcare institutions, commercial buildings, and factories. The Chinese robotics service industry market size reached RMB 3.7 billion in 2024, and Yunji holds a leading position with a 6.3% market share.

Financial Information

According to the prospectus, Yunji’s revenue for the years 2022–2024 was approximately RMB 161 million, RMB 145 million, and RMB 245 million, respectively. For the five months ending May 31, 2025, revenue was approximately RMB 88.33 million. Gross profit for the same periods was about RMB 39.27 million, RMB 39.16 million, and RMB 106 million, with a gross profit of approximately RMB 34.89 million for the first five months of 2025. Based on the offer price of HKD 95.60 per share, the company expects to raise net proceeds that will mainly be used for R&D and product upgrades of core AI technologies (about 50%), market expansion and brand building (about 30%), and working capital supplementation (about 20%).

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This promotion is effective from 20 May 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 Yunji via uSMART HK

How to Subscribe for Yunji via uSMART HK

The uSMART HK App features an IPO Centre with exclusive perks, allowing clients to subscribe instantly to new public offerings. After logging in, tap “Trade” at the bottom-right, select “IPO Subscription,” choose Yunji , tap “Public Offer,” enter the subscription quantity, and submit your order.

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