---
title: "ESTUN AUTOMATION has passed the Hong Kong Stock Exchange listing hearing and plans to expand global production capacity"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/276670928.md"
description: "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"
datetime: "2026-02-24T02:01:11.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/276670928.md)
  - [en](https://longbridge.com/en/news/276670928.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/276670928.md)
---

# ESTUN AUTOMATION has passed the Hong Kong Stock Exchange listing hearing and plans to expand global production capacity

The wave of A-share companies listing in Hong Kong continues. Yesterday, ESTUN AUTOMATION, a mainland industrial robot manufacturer, successfully passed the listing hearing at the Hong Kong Stock Exchange, with Huatai International as its exclusive sponsor. ESTUN AUTOMATION was listed on the Shenzhen Stock Exchange in 2015, and based on its closing price of 24.38 yuan (RMB, the same below) before the holiday, its market value is approximately 21.2 billion yuan.

## Turned Profit in the First Nine Months of Last Year

According to its data disclosure, ESTUN AUTOMATION turned a profit in the first nine months of last year, recording a net profit of 25.372 million yuan, compared to a loss of 67.119 million yuan in the same period of 2024; revenue in the first nine months of last year increased by 12.8% year-on-year to 3.8 billion yuan. The company's revenue for 2024 is 4.009 billion yuan, ranking sixth among all manufacturers in the global and Chinese markets based on that revenue level.

Additionally, the company stated that the funds raised from the listing are planned to be used to expand the company's global production capacity; to selectively seek strategic alliances, investment, and acquisition opportunities in the upstream and downstream of the global industrial robot industry chain; and to invest in R&D projects to promote the development of next-generation industrial robot technologies, among other uses

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