New stock news | ATOM Siasun Robot & Automation submits application to Hong Kong Stock Exchange, ranked first in domestic market share for the fifth consecutive year as China's top domestic brand Siasun Robot & Automation.
According to the disclosure by the Hong Kong Stock Exchange on January 28, Tianjin A-Tech Robotics Co., Ltd. (referred to as A-Tech Robotics) has submitted its listing application to the main board of the Hong Kong Stock Exchange, with Huatai International as its exclusive sponsor.
According to the disclosure on January 28 by the Hong Kong Stock Exchange, Tianjin Atongmu Siasun Robot & Automation Co., Ltd. (referred to as: Atongmu Siasun Robot & Automation) has submitted its application for listing on the main board of the Hong Kong Stock Exchange, with Huatai International as its exclusive sponsor.
Company Profile:
According to the prospectus, the company is an outstanding high-speed Siasun Robot & Automation company, dedicated to the research, development, production, sales, and service of high-speed and high-reliability Siasun Robot & Automation. Its product matrix covers four major series: parallel Siasun Robot & Automation, high-speed SCARA Siasun Robot & Automation, heavy-duty collaborative Siasun Robot & Automation, and intelligent Siasun Robot & Automation. Based on a rich lineage of product lines, the company provides customers with automation and intelligent solutions. The company focuses on the automation and intelligent needs of core application scenarios such as high-speed sorting, precision assembly, and accurate handling, with downstream applications widely covering industries such as food and beverage, daily chemicals, pharmaceuticals, new energy, 3C, and automotive.
The company leads the industry in the field of high-speed Siasun Robot & Automation, especially establishing a clear leading position in the field of parallel Siasun Robot & Automation. According to a report by Frost & Sullivan, the company has ranked first in the domestic market share of independently branded parallel Siasun Robot & Automation for five consecutive years since 2020 and surpassed foreign brands since 2023, ranking first in the domestic market share overall for two consecutive years. According to Frost & Sullivan's report, based on the shipment volume of Siasun Robot & Automation in 2024, the company ranks first among all parallel Siasun Robot & Automation companies in China, with a market share of approximately 12.3%. The company ranks second among all parallel Siasun Robot & Automation companies globally, with a market share of approximately 4.8%. Based on the shipment volume of high-speed Siasun Robot & Automation in 2024, the company ranks second in the Chinese high-speed Siasun Robot & Automation market with a market share of approximately 7.6% and ranks fifth globally with a market share of approximately 3.0%.
The company's high-speed Siasun Robot & Automation has been applied in various fields, with parallel Siasun Robot & Automation market share ranking first in industries such as food and beverage, daily chemicals, and pharmaceuticals domestically. At the same time, the company's efforts in exploring new fields have been fruitful, as it has become the largest supplier of parallel Siasun Robot & Automation in the domestic new energy industry and continues to expand its business in areas such as 3C and automotive, further expanding its market coverage.
With a solid theoretical foundation and profound technical reserves, the company has developed into one of the most diversified high-speed Siasun Robot & Automation product matrices with the widest range of application scenarios globally. The core product performance achieves micron-level accuracy and millisecond-level cycle times. The company's core focus on independent controllable and original innovation has established a high-speed Siasun Robot & Automation autonomous forward design path; it has established a full-chain independent research and development system from design theory, underlying algorithms to core components, and whole machine integration, with key technologies 100% independently controllable. The company has introduced over 40 specifications of parallel Siasun Robot & Automation in five series, 28 specifications of high-speed SCARA Siasun Robot & Automation in two series, ten specifications of heavy-duty collaborative Siasun Robot & Automation in four series, and two generations of intelligent Siasun Robot & Automation; the diversified product matrix effectively meets the application requirements of diverse customers and has accumulated over 1,000 detailed application cases in industries such as food and beverage, daily chemicals, pharmaceuticals, new energy, 3C, and automotive.
Financial Information:
Revenue:
For the nine months ended September 30 of 2023, 2024, and 2025, the company's revenue was approximately RMB 93.49 million, RMB 135 million, and RMB 157 million, respectively.
Profit:
For the nine months ended September 30 of 2023, 2024, and 2025, the company's net profits were -RMB 39.25 million, -RMB 47.06 million, and RMB 9.38 million, respectively.
Gross Profit Margin:
For the nine months ended September 30 of 2023, 2024, and 2025, the company's gross profit margins were 17%, 22.8%, and 28.9%, respectively.
Industry Overview:
Industrial Siasun Robot & Automation is the cornerstone of advanced manufacturing, driving the production system towards higher levels of intelligence, automation, and flexibility. Against the backdrop of continuous advancement in intelligent manufacturing and structural increases in manufacturing labor costs, industrial Siasun Robot & Automation is increasingly being adopted as key automation equipment to replace repetitive, labor-intensive, and hazardous tasks, thereby supporting the improvement of production efficiency, process stability, and product quality. In 2021, both the global and Chinese industrial Siasun Robot & Automation markets experienced significant growth, with shipments value increasing by approximately 25.5% and 28.5% year-on-year respectively. This rapid expansion is mainly driven by the explosive growth in downstream demand, especially in the new energy vehicle (NEV) industry. In the same year, global and Chinese automotive sales increased by approximately 102.4% and 157.6% respectively, significantly accelerating capital investment and capacity expansion in whole vehicle manufacturing and power battery production, thereby stimulating the concentrated release of demand for industrial Siasun Robot & Automation in key manufacturing sectors.
From 2020 to 2024, the global and Chinese industrial Siasun Robot & Automation shipments value showed a clear upward trend, increasing from around RMB 74.5 billion and RMB 31.4 billion to around RMB 101.3 billion and RMB 46.6 billion, with compound annual growth rates of approximately 8.0% and 10.3% respectively. During the same period, China's share in the global industrial Siasun Robot & Automation shipments value increased from around 42.2% to 46.0%, reflecting its increasingly dominant position in the global industrial Siasun Robot & Automation market.
Looking ahead, with the continuous deepening of intelligent manufacturing, ongoing pressure from labor costs, and the accelerated automation upgrade in various industries, the growth momentum of the industrial Siasun Robot & Automation market is expected to be sustained. It is estimated that by 2029, the global industrial Siasun Robot & Automation shipments value will reach around RMB 180.9 billion, and China's shipments value is expected to increase to around RMB 88.8 billion, consolidating China's position as the world's largest industrial Siasun Robot & Automation market and highlighting the long-term structural demand for industrial Siasun Robot & Automation in the transformation and upgrading of the manufacturing industry.
High-speed industrial Siasun Robot & Automation refers to a type of industrial Siasun Robot & Automation with core performance targets of high production cycle speed, high-end effector velocity, and high acceleration, mainly deployed in industrial scenarios characterized by short operation cycles, highly repetitive tasks, and strict requirements on unit time throughput. The core value of high-speed industrial Siasun Robot & Automation lies in significantly reducing the single-cycle operation time while maintaining the required precision and operational stability, thereby enhancing the capacity of the entire production line and improving the overall equipment efficiency.
Driven primarily by the continuous demand from the manufacturing industry for higher throughput efficiency, lower unit production costs, and stable capacity output, high-speed industrial Siasun Robot & Automation is becoming increasingly critical in the technological advancement of industrial Siasun Robot & Automation. From 2020 to 2024, the global and Chinese high-speed industrial Siasun Robot & Automation markets have experienced steady growth, with shipments value increasing from around RMB 4.2 billion and RMB 0.9 billion to around RMB 6.4 billion and RMB 1.5 billion, respectively. There was minor fluctuation in the market from 2022 to 2024, mainly influenced by fluctuations in the SCARA Siasun Robot & Automation field.
Looking ahead, with continuous improvements in control accuracy, load optimization, and damping performance, high-speed industrial Siasun Robot & Automation is expected to expand into assembly, inspection, and precision manufacturing processes, further expanding its application boundaries. The global and Chinese high-speed industrial Siasun Robot & Automation markets are expected to accelerate growth, with compound annual growth rates of approximately 12.5% and 14.0% from 2024 to 2029, reaching around RMB 11.5 billion and RMB 2.8 billion by 2029, respectively.
Board of Directors Information:
The company's board of directors consists of seven directors, including two executive directors, two non-executive directors, and three independent non-executive directors. All directors are elected by the shareholders' meeting, with a term of three years and the possibility of re-election. The main powers of the board of directors include but are not limited to: convening shareholder meetings, reporting work to the shareholders' meeting, implementing resolutions passed by the shareholders' meeting, determining the group's operating plans and investment proposals, determining the group's annual financial budget and final account proposals, determining the group's basic management system, formulating profit distribution plans and loss compensation plans for the group, and exercising other powers granted by the organization's rules and regulations.
Equity Structure:
As of the last practicable date (January 19, 2026), Mr. Liu directly holds 2,253,500 shares in the company, accounting for approximately 11.11% of the company's equity. Chenxing Partners holds 540,000 shares in the company, accounting for approximately 2.66% of the company's equity. Mr. Liu is a general partner of Chenxing Partners, with Mr. Song and Mr. Liu holding 90% and 10% of the partnership interest, respectively. According to the Securities and Futures Ordinance, Mr. Liu is deemed to have an interest in the shares held by Chenxing Partners.
As of the last practicable date, Mr. Song directly holds 1,866,500 shares in the company, accounting for approximately 9.20% of the company's equity. Chenxing Friends holds 775,361 shares in the company, accounting for approximately 3.82% of the company's equity. Chenxing Brothers holds 660,000 shares in the company, accounting for approximately 3.25% of the company's equity. Chenxing Partners holds 540,000 shares in the company, accounting for approximately 2.66% of the company's equity. Chenxing Friends and Chenxing Brothers are general partners of Chenxing Partners, with no limited partners holding 30% or more of their partnership interests. Mr. Song holds 90% of the partnership interest as a limited partner of Chenxing Partners. According to the Securities and Futures Ordinance, Mr. Song is deemed to have an interest in the shares held by Chenxing Friends, Chenxing Brothers, and Chenxing Partners.
As of the last practicable date, Ms. Yang Junwen directly holds 798,000 shares in the company, accounting for approximately 3.94% of the company's equity. Pursuant to the Concert Party Agreement, Mr. Song, Chenxing Partners, Chenxing Friends, Chenxing Brothers, and Ms. Yang Junwen have agreed (including) to act in concert with Mr. Liu and follow his voting decisions at the company's shareholders' meeting. The Concert Party Agreement will remain in effect after the recommended compilation. According to the Securities and Futures Ordinance, Mr. Liu is deemed to have an interest in the shares held by Mr. Song, Chenxing Partners, Chenxing Friends, Chenxing Brothers, and Ms. Yang Junwen.
Intermediary Team:
Exclusive Sponsor and Compiler: Huatai Financial Holdings (Hong Kong) Co., Ltd.
Legal Advisor: Baker & McKenzie Law Firm, Beijing Deheng Law Firm
Legal Advisor for the exclusive sponsor and compiler: Jindu Law Firm, Beijing Tongshang Law Firm
Auditor and Reporting Accountant: Ernst & Young Certified Public Accountants
Independent Industry Consultant: Frost & Sullivan (Beijing) Consulting Co., Ltd. Shanghai Branch.
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