"The three driving forces work together, and robot companies flock to Hong Kong for listing."

In 2025, the robotics industry chain is experiencing a hot trend of heading to Hong Kong for IPOs. Emerging companies such as Megvii Technology, Keleisi, Stander, Woan Robotics, LeDong Robotics, Xiangong Intelligence and others have submitted applications to list in Hong Kong, while listed A-share companies like Shuanglin Co., Ltd, Mega Electric, Easton, Stone Technology and others are also laying out their "A+H" dual-platform strategy. According to interviews with reporters, there are three main factors driving the current wave of IPOs in the robotics industry in Hong Kong: Firstly, the importance of "embodied intelligence" has been significantly recognized, as evidenced by its inclusion in government work reports and the support policies implemented in Beijing, Shanghai and other places. Secondly, the Hong Kong Stock Exchange provides a green channel for IPOs for unprofitable companies, meeting the needs of the embodied intelligence industry. Thirdly, the performance of listed robotics companies in the secondary market has provided more confidence to the industry chain and the venture capital institutions behind them. Looking ahead, the financing boom in the robotics industry is expected to continue.