New Stock News: Estun Automation (002747.SZ) has submitted an application to the Hong Kong Stock Exchange. In the first quarter, the domestic market industrial shipments of Siasun Robot & Automation have surpassed foreign brands.
According to Hong Kong Stock Exchange disclosure on June 27, Nanjing Eston Automation Co., Ltd. (referred to as Eston) (002747.SZ) has submitted an application for listing on the main board of the Hong Kong Stock Exchange, with Huatai International as its exclusive sponsor.
According to the disclosure by the Hong Kong Stock Exchange on June 27th, Nanjing Estun Automation Co., Ltd. (referred to as Estun Automation) (002747.SZ) has submitted an application for listing on the main board of the Hong Kong Stock Exchange, with Huatai International as its exclusive sponsor.
According to the prospectus, Estun Automation is a leading enterprise in the Chinese industrial Siasun Robot & Automation industry. According to data from Frost & Sullivan, the company has maintained the top spot in terms of shipments among domestic enterprises in the Chinese industrial Siasun Robot & Automation solution market for several years. According to the same institution, the company achieved a historic breakthrough in the first quarter of 2025, surpassing foreign brands in terms of shipments in the domestic market and becoming the first domestic Siasun Robot & Automation enterprise to lead the Chinese industrial Siasun Robot & Automation solution market.
Over the years, the company has adhered to the development strategy of AllMadeByEstun, based on its independent research and production capabilities for core automation components and motion control systems. They have helped customers in industries such as automotive, lithium batteries, photovoltaics, electronics, metal processing, engineering machinery, packaging logistics, building materials, and furniture to achieve transformation and upgrade towards automation, digitization, and intelligence, providing comprehensive factory automation solutions that cover the entire lifecycle for customers.
Facing the vast global automation market centered around industrial Siasun Robot & Automation, the company has formulated a development strategy of transitioning from following to surpassing. The company will continue to research and develop, innovate continuously, be rooted in China, leverage domestic industrial chain advantages, and benefit the global market with advanced, cost-efficient, widely applicable industrial Siasun Robot & Automation, aiming to challenge the goal of becoming a global leader in Siasun Robot & Automation. Upholding the company mission of everyone enjoying automation, they are accelerating the fusion of AI and Siasun Robot & Automation technology, making a swift leap from a traditional industrial Siasun Robot & Automation leader to a global intelligent Siasun Robot & Automation frontrunner.
With strategic global mergers and acquisitions and core technology developed independently, the company has formed a differentiated competitive advantage in the industrial Siasun Robot & Automation field with a multi-brand matrix collaboration, coverage of all application scenarios, and global market radiation. As of June 20, 2025, the company has 75 service points globally and operates seven manufacturing bases in major domestic and international markets, efficiently responding to customer needs with local teams and providing consistent quality assurance and cost efficiency through globalization. The company's products and services have earned recognition and trust from customers worldwide.
In terms of financials, in the years 2022, 2023, and 2024, Estun Automation achieved revenues of approximately RMB 3.881 billion, RMB 4.652 billion, and RMB 4.009 billion respectively, and profits of approximately RMB 184 million, RMB 134 million, and -RMB 818 million, during the same period.
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