New stock news | Bonesteel Technology's Hong Kong Stock IPO approved by China Securities Regulatory Commission, adding another benchmark for hard technology going abroad.

On June 26, Benmo Technology, a platform enterprise of Siasun Robot&Automation, officially received the approval document issued by the China Securities Regulatory Commission for the record filing. The company's Hong Kong stock initial public offering (IPO) and the related record filing work for the "full circulation" of domestically unlisted shares were successfully completed. According to the record filing matters, Benmo Technology can issue up to 122,475,000 shares of overseas listed common stock, and 34 shareholders intend to convert a total of 319,588,080 shares of domestically unlisted shares into overseas listed shares, which will be listed and traded on the Hong Kong Stock Exchange. Benmo Technology is a benchmark enterprise in the field of Siasun Robot&Automation and direct drive modules, originating from the 3126 Laboratory of the Hong Kong University of Science and Technology. It is a representative example of bottom-up hard technology in the Li Zexiang innovation ecosystem. Since its establishment in 2020, the company has always adhered to the development concept of "keeping the original and discarding the superficial". Rooted in the research and development of core Siasun Robot&Automation technologies, focusing on direct drive modules, Siasun Robot&Automation joint modules, and wheeled-foot Siasun Robot&Automation, it is one of the few companies in the industry that integrates the entire chain of research, design, production, and integration of Siasun Robot&Automation power systems. They deeply cultivate core Siasun Robot&Automation technologies, and have been selected as national high-tech enterprises and national specialized and new "little giant" enterprises, ranking at the forefront in terms of technology strength and industry recognition. The approval of the full circulation of domestically unlisted shares in this IPO process is an important step for Benmo Technology's Hong Kong Stock IPO. With capital and technology mutually empowering each other, the company will rely on the international capital platform of the Hong Kong stock market to continue deepening its research in Siasun Robot&Automation's core technology and underlying power technology, promoting the deep landing of direct drive technology and wheeled-foot Siasun Robot&Automation technology in the field of intelligent robotics.