Robotechnik, a China-based maker of automation equipment for semiconductor, LED, and automotive precision-component production, launched a Hong Kong initial public offering of 11.876 million shares on September 21 at up to HK$436 (US$56) per share.

Trading is expected to begin on September 29.

The company said it expected gross proceeds of about HK$5.178 billion (US$660 million) and net proceeds of about HK$4.961 billion (US$632 million).

It planned to use the funds for capacity expansion, research and development, strategic investments and acquisitions, a global sales and service network, and working capital.

Cornerstone investors agreed to subscribe for a minimum of about 4.18 million shares.

Robotechnik, founded in 2011, reported a 45.5 million yuan (US$6.79 million) net loss in 2025 after a 63.9 million yuan (US$9.53 million) net profit in 2024. The company’s revenue fell 14% that year.

For the six months ended June 30, 2026, the company reported a net profit of 6.6 million yuan (US$979,000).

The listing comes as China promotes semiconductor self-sufficiency, including policies favoring local equipment use in parts of chip manufacturing.

🔗 Source: Security Times