ESTUN AUTOMATION has passed the Hong Kong Stock Exchange listing hearing and plans to expand global production capacity
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ESTUN AUTOMATION has passed the Hong Kong Stock Exchange listing hearing and plans to expand its global production capacity. After being listed on the Shenzhen Stock Exchange, the company achieved profitability in the first nine months of last year, recording a net profit of 25.372 million yuan, with revenue increasing by 12.8% year-on-year. Revenue is expected to reach 4.009 billion yuan in 2024, ranking sixth in both global and Chinese markets. The funds raised from the listing will be used to expand production capacity, seek strategic alliances, and invest in the research and development of next-generation industrial robot technology
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