AgiBot, a Shanghai-based robotics company focused on embodied intelligence robots, is pursuing a Hong Kong initial public offering.

It has hired Citic Securities as a sponsor, while China International Capital Corporation and Morgan Stanley will serve as joint sponsors, according to people familiar with the matter.

In 2025, AgiBot was reportedly targeting a Hong Kong listing at a valuation of HK$40 billion (US$5.1 billion) to HK$50 billion, or about US$5.1 billion to US$6.4 billion.

AgiBot was founded in 2023 by Peng Zhihui.

Its website lists products including the A2, X, G, D1, and C5 robot lines, as well as a store and embodied AI development offerings.

The company restructured from a limited liability company to a joint-stock limited firm last year, a step companies commonly take before going public.

🔗 Source: South China Morning Post

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