Atonomous Robotics to Launch IPO in Hong Kong, Backed by Major Investors

Recently, Tianjin Atomom Robot Co., Ltd. (hereinafter referred to as “Atomom Robot”) submitted its prospectus to the Hong Kong Stock Exchange, with Huatai International serving as the sole sponsor. Atomom Robot specializes in high-speed robotics. In the first three quarters of 2025, the company reported a revenue of 157 million yuan and a profit of 938,000 yuan, marking a turnaround from previous losses. Since its establishment, the company has secured multiple rounds of financing from investors including Shenzhen Capital Group, Guozhong Capital, and Lenovo Capital. The funds raised from this IPO will be allocated for ongoing research and development, as well as the expansion of overseas business.

Atomom Robot focuses on the research, production, sales, and service of high-speed, highly reliable robots. Its product range includes four main series: parallel robots, high-speed SCARA robots, heavy-duty collaborative robots, and embodied intelligent robots. The company serves various industries including food and beverage, new energy, 3C electronics, and pharmaceuticals. According to a report by Frost & Sullivan, Atomom Robot ranks first among parallel robot companies in China based on the shipment volume of robotic bodies in 2024, holding a market share of approximately 12.3%. Globally, the company ranks second in the parallel robot sector, with a market share of around 4.8%.

Thanks to growth in overseas markets, Atomom Robot has experienced a revenue increase in recent years. The revenues for 2023 and 2024 were 93.49 million yuan and 135 million yuan, respectively. In the first three quarters of 2025, the company achieved a revenue of 157 million yuan, a year-on-year increase of 72.21%. During this period, the overseas revenue reached approximately 12.3 million yuan, reflecting an over 430% growth compared to the same period last year. In terms of profits, Atomom Robot reported losses of 39.25 million yuan and 47.07 million yuan in 2023 and 2024, respectively. However, in the first three quarters of 2025, the company turned a profit with earnings of 938,000 yuan.

Atomom Robot noted that it is in a phase of rapidly expanding its business and operations within the growing robotics industry. The company continues to invest in research and development, and it may experience further net losses in the short term.

When breaking down revenue sources, Atomom Robot’s earnings are primarily driven by its parallel robot products. In the first three quarters of 2025, sales from parallel robots accounted for over half of the company’s total revenue. The gross profit margin for the parallel robot segment has been on the rise, increasing from 22.2% in 2023 to 31.9% in the first three quarters of 2025. The company has also developed heavy-duty collaborative robots and high-speed SCARA robots; however, these new products have not yet achieved significant economies of scale. In the first three quarters of 2025, the high-speed SCARA robot segment contributed only 2.1% to overall revenue, maintaining a negative gross margin of -125.1% in 2024 and -83.8% in the first three quarters of 2025. The gross margin for heavy-duty collaborative robots improved from -198.9% in 2023 to 5.8% in the first three quarters of 2025.

For the IPO, Atomom Robot intends to raise funds to support ongoing research and development, including advancements in artificial intelligence and embodied intelligent robot technologies, as well as the optimization and expansion of robotic solutions and core component manufacturing processes. The company also plans to use the funds for the construction of a multifunctional headquarters, enhancing production capacity, expanding overseas operations and brand development, and for working capital and other general corporate purposes.

According to the prospectus, prior to the IPO, Atomom Robot’s investors include Shenzhen Capital Group, Guozhong Capital, Lenovo Capital, Haier Financial Holdings, Teda Kechuang, and Siasun Investment. As of the last feasible date, under a unanimous action agreement, founder Liu Songtao holds the right to exercise approximately 33.99% of the voting power of Atomom Robot. Liu Songtao, along with Song Tao, Chenxing Partners, Chenxing Friends, Chenxing Brothers, and Yang Junwen, forms the largest shareholder group of the company.