First day of new stock | Wing Fei Technology (06871) first listed on the market with an early trading high of 79.18%, 14,900 times oversubscribed, breaking the historical record of Hong Kong stocks.

Yifei Technology (06871) was listed for the first time, and the announcement shows that the price is set at 30.5 Hong Kong dollars per share, with a total issuance of 24.6 million shares, 100 shares per lot, and a net proceeds of approximately 673 million Hong Kong dollars. As of the time of writing, it has risen by 79.18% to 54.65 Hong Kong dollars, with a trading volume of 3.76 billion Hong Kong dollars. The prospectus shows that Yifei Technology is a Chinese industrial Siasun Robot & Automation enterprise, focusing on the design, research and development, manufacturing, and commercialization of industrial Siasun Robot & Automation, and providing comprehensive solutions for Siasun Robot & Automation, deepening cultivation in light industrial application scenarios. It is worth noting that the public offering of Yifei Technology was oversubscribed by approximately 14855.40 times, officially ranking first in the Hong Kong IPO oversubscription list, becoming the first company in Hong Kong Stock Exchange history to be listed on the main board with an oversubscription ratio exceeding 10,000 times. According to a Frost & Sullivan report, based on revenue in 2025, Yifei Technology is the fourth-ranked domestic enterprise in China focusing on light industrial application scenarios in the industrial Siasun Robot & Automation and related Siasun Robot & Automation solution provider. According to the same data source, the company is also one of the few Siasun Robot & Automation enterprises in China with the ability to provide large-scale industrial Siasun Robot & Automation and related Siasun Robot & Automation solutions, helping enterprise customers from various industries improve production efficiency, optimize production costs, and improve product quality, ultimately promoting their intelligent transformation.