Youibot Robotics gets CSRC approval for Hong Kong listing

Mobile robotics solutions provider Hefei Youibot Robotics Co. Ltd. received a filing notice from the China Securities Regulatory Commission (CSRC) clearing the way for its plans for a Hong Kong listing, as well as the “full circulation” of its domestic unlisted shares. The filing is required for all Chinese companies seeking to list overseas.

Under the filing notice released by the CSRC last Friday, the company plans to issue up to 49.48 million ordinary shares. In addition, 37 existing shareholders plan to convert 243.8 million domestic unlisted shares into shares eligible for trading on the Hong Kong Stock Exchange. The company submitted its listing application to the exchange in March this year.

Founded in 2017, Youibot’s industrial embodied-AI robots and solutions cover industrial logistics, inspection and maintenance, and are used in industries including semiconductors, energy and chemicals, lithium batteries, and 3C manufacturing. It supplied its solutions to more than 400 companies by the end of last year.

The company recorded revenue of 340 million yuan ($51 million) last year, up 33.3% year-over-year, while its gross margin rose to 36.5%. Its net loss widened to 384 million yuan last year from 200 million yuan in 2024.

By Lee Shih Ta

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