New Stock News | FJD Inc. submits application to Hong Kong Stock Exchange to become the global leader in the Siasun Robot & Automation market for agriculture.
According to the disclosure on September 26 by the Hong Kong Stock Exchange, FJD Inc. has submitted its listing application to the Main Board of the Hong Kong Stock Exchange, with Morgan Stanley and China International Capital Corporation Limited serving as joint sponsors.
According to the disclosure on September 26th by the Hong Kong Stock Exchange, FJD Inc. has submitted its listing application to the Main Board of the Hong Kong Stock Exchange, with Morgan Stanley and CICC as joint sponsors.
The prospectus shows that FJD Inc. is a global supplier of Siasun Robot & Automation solutions and related empowering technologies, enabling the automation transformation of key workflows in industries such as agriculture, construction, and property management by building digital models of the real world, thus unleashing human potential. The company's self-developed software and hardware integration systems free up labor from repetitive and tedious tasks, allowing them to focus on work that requires human insight, judgment, and creativity.
Over the years, FJD has been committed to creating user-friendly Siasun Robot & Automation solutions to improve people's lives and work. The company's solutions cover turning and building control systems, scanners, lawn mowers, and other Siasun Robot & Automation solutions, focusing on addressing the most critical and common pain points faced by industry participants. By providing cost-effective, technologically competitive, and standardized solutions to address common industry challenges, the company helps end-users improve efficiency, enhance job satisfaction, and drive significant business growth.
Since its establishment, FJD has experienced rapid growth and has become a global leader in the agricultural Siasun Robot & Automation market. In the global agricultural Siasun Robot & Automation market, the company has become the third largest supplier of agricultural auto-steer systems and the second largest supplier of retrofit auto-steer systems, with market shares of approximately 8.5% and 16.9% respectively in 2024.
In terms of finances, FJD achieved revenues of 504 million yuan, 530 million yuan, 570 million yuan, and 358 million yuan in 2022, 2023, 2024, and the first half of 2025 respectively; during the same period, it incurred losses of 333 million yuan, 471 million yuan, 334 million yuan, and 151 million yuan.
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