【New Stock IPO】Huayuan Robotics Stock Code 1021 Raises Over 1.3 Billion in IPO, Collaborative Robot Company Receives 1.9 Billion in First-Day Subscription Deposits with 26x Oversubscription, Entry Fee for One Lot 3,434 Yuan, Strategic Investors Include Hillhouse Capital, Morgan Stanley, China Guangfa Securities and Others

SocialAnxietyStaker · 2026-03-21T01:47:40+00:00

Huayang Robot will conduct an IPO from March 20 to 25, planning to issue 80.785 million H shares at an offering price of HK$17 per share, raising approximately HK$1.37 billion. In the first nine months, revenue increased by 36.2% to HK$280 million, but the company recorded a loss of HK$15.588 million. It has introduced multiple cornerstone investors, with the funds raised mainly used to strengthen R&D capabilities and artificial intelligence technology. The stock is expected to be listed on March 30.

SocialAnxietyStaker

2026-03-21 01:47:40

Abstract generation in progress

Hua Yan Robotics (New Listing No.: 01021)
Public offering from March 20 to 25. Collaborative robot company Hua Yan Robotics plans to issue 80.785 million H-shares, with 5% available for public sale in Hong Kong. The offering price is HKD 17 per share, raising HKD 1.37 billion. As of the evening of March 20, Hua Yan Robotics received HKD 1.88 billion in margin subscriptions, based on a public fundraising amount of HKD 68.87 million, representing a 26.3 times oversubscription.

Hua Yan Robotics offers 200 shares per lot, with an entry fee of HKD 3,434.3 per lot. The company is expected to list and commence trading on March 30. CICC and Deutsche Bank are joint sponsors.

▼Click the image to enlarge

Hua Yan Robotics focuses on developing collaborative robots and core motion components, mainly used in industrial automation. The products are divided into Series E (including Elfin-Basic, Elfin-Pro, and Elfin-Ex, targeting high-precision lightweight and heavy-duty tasks) and Series S, which covers lightweight and heavy-duty collaborative robots, categorized by load capacity.

Both series are equipped with self-developed HRC embodied intelligent control platforms, suitable for environments requiring close and safe human-robot collaboration.

In the first nine months of last year, revenue was RMB 280 million, a 36.2% increase year-over-year. During this period, the company shifted from profit to loss, with a net loss of RMB 15.588 million, compared to a profit of RMB 9.037 million in the same period of 2024.

Introduction of Top Investors including Hillhouse, Morgan Stanley, GF Fund, and others

Hua Yan Robotics has attracted cornerstone investments from Hillhouse Capital’s HHLRA, GF Fund, Morgan Stanley’s MSIP, Shengxin Group, Haojun Investment, Huatai Capital (related to Haojun Investment’s off-market swap transactions), BYD (01211), and trust funds such as Eternal Summer, Shrewd Pioneer, Quanshun, and VVC Technology, with a total subscription amount of USD 98.4 million.

Use of Net Proceeds

55%: Enhance R&D capabilities
15%: Ongoing AI technology research and investment
13%: Product adjustments
10%: Development and upgrade of key components for collaborative robots, including M-series high-performance motors, new generation servo drives and algorithms, sensors, and air-floating platforms
10%: Development of core motion components for humanoid robots
7%: Continuous development of next-generation high-performance collaborative robots

Source: Hua Yan Robotics Announcement

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