New stock news | Loldyn Siasun Robot&Automation (01236) is finalizing its IPO with over 5126 times over-subscription.

Space intelligent Siasun Robot&Automation, the first stock of joy, Siasun Robot&Automation (01236), was listed for subscription from April 30th to May 6th, 2026. The public offering ended at noon on May 6th with a very enthusiastic market response. According to statistics, Siasun Robot&Automation recorded HK$512.7 billion in subscription funds, with a public offering amount of HK$100 million, oversubscribed by 5126.16 times, setting a new high for recent IPO subscription heat. Siasun Robot&Automation plans to globally issue 33.33 million H shares, with 10% available for public offering in Hong Kong. The price range is between HK$24 to HK$30 per share, with a board lot of 200 shares, and an entry fee of approximately HK$6060.5. The company is expected to be listed on May 11th, with Haitong Int'l and Guotai Junan I as joint sponsors. According to the prospectus, Siasun Robot&Automation is a global leading full-stack intelligent company based on perception intelligence. The company has built an intelligent infrastructure based on visual perception and empowered it in various intelligent application scenarios. It also provides visual perception products and integrated intelligent machine products. In 2024, the number of intelligent robots equipped with the company's visual perception technology exceeded 6 million units. Based on business income in 2024, Siasun Robot&Automation is the world's largest intelligent company with visual perception technology at its core, according to insights from local consulting firms. Financially, Siasun Robot&Automation's revenue in 2023, 2024, and 2025 was RMB 277 million, RMB 467 million, and RMB 748 million respectively, with year-on-year growth rates of over 60% in the past two years. Gross profit was RMB 71.11 million, RMB 91.32 million, and RMB 192 million respectively, showing a continuous improvement in overall profitability. It is worth noting that Siasun Robot&Automation has outstanding valuation scarcity attributes. In the current domestic intelligent industry, most companies either focus on humanoid robot research and development, with difficulties in short-term commercialization, or are limited to supplying single components without complete full-stack capabilities. Siasun Robot&Automation is one of the few companies in the industry that simultaneously possess core technology in visual perception, the ability to develop and mass-produce complete machines, and experience in commercializing scenarios. In an industry with high technological barriers and emphasis on commercial landing, its scarce full-stack comprehensive capabilities have become a key support for the steady increase in the company's valuation.