New Stock News | "First Direct-Drive Stock" Benmo Technology Launches IPO, Youth Innovation Driving a Global Power Paradigm Revolution

GMTEight news: Hard-tech company Benmo Technology opened its IPO on September 21 and is expected to list on the Main Board of the Hong Kong Stock Exchange on September 29, with CITIC SEC (Hong Kong) as the sole sponsor. As the "first direct-drive stock" in Hong Kong, Benmo Technology emerged from a youth science and innovation team. Directly addressing the inherent shortcomings of traditional reducer transmission systems, it has pursued a path of domestic substitution through self-developed direct-drive technology, launching a technological revolution against the century-old traditional power model worldwide. Frost & Sullivan data shows that in 2025 the company's domestic consumer Siasun Robot&Automation direct DRIVE module shipments exceeded 8.5 million units, with cumulative successful mass production reaching the ten-million level, ranking first globally, and its partnerships cover four of the world's top ten consumer Siasun Robot&Automation manufacturers. Benmo Technology's two-wheeled legged Siasun Robot&Automation products rank second in China market share, and it is one of the few companies in the global industry to achieve group control technology for wheeled-legged Siasun Robot&Automation. The company achieved a revenue compound growth rate of over 300% from 2023 to 2025, and along with scale release, profitability has continued to improve. Amid the wave of the embodied intelligence industry, the penetration rate of the direct-drive track remains low, with huge growth potential. After listing on the capital market, Benmo Technology will continue to invest in technology research and development, expand automated production capacity, advance the multi-scenario implementation of direct-drive technology, further broaden its domestic and overseas industrial ecosystem layout, and strengthen its competitive advantage as a leader in the track.