---
title: "Brief News: Industrial robot manufacturer ESTUN fell over 13% in the first half of its debut"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/278819216.md"
description: "Industrial robot manufacturer Nanjing ESTUN Automation Co., Ltd. was listed on the Hong Kong Stock Exchange on Monday, opening flat and reporting HKD 13.22 at noon, down 13.93% from the issue price. The company plans to globally offer 96.78 million shares at an offer price of HKD 15.36, raising a net amount of HKD 1.412 billion (USD 180 million). The Hong Kong public offering was oversubscribed by 18.67 times, while the international offering recorded an oversubscription of 2.34 times. It is expected to achieve a net profit of between 35 million and 50 million yuan last year, and plans to use the raised funds for capacity expansion, technology research and development, and market expansion"
datetime: "2026-03-12T04:31:11.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/278819216.md)
  - [en](https://longbridge.com/en/news/278819216.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/278819216.md)
---

# Brief News: Industrial robot manufacturer ESTUN fell over 13% in the first half of its debut

Industrial robot manufacturer **Nanjing ESTUN Automation Co., Ltd.** (2715.HK; 002747.SZ) was listed on the Hong Kong Stock Exchange on Monday, opening flat, and reported HKD 13.22 at noon, down 13.93% from the issue price.

The company announced that it plans to globally offer 96.78 million shares at an offer price of HKD 15.36, which is the lower limit, raising a net amount of HKD 1.412 billion (USD 180 million). The Hong Kong public offering was oversubscribed by 18.67 times, while the international offering recorded an oversubscription of 2.34 times.

ESTUN is primarily engaged in the research and manufacturing of industrial robots, CNC systems, and intelligent manufacturing equipment, with products widely used in industries such as automotive manufacturing, electronic devices, metal processing, and new energy. The company expects to record a net profit of between 35 million and 50 million yuan last year, recovering from a loss of 810 million yuan in the same period last year.

The company plans to use the proceeds from this fundraising mainly to expand the production capacity of industrial robots and intelligent manufacturing equipment, strengthen core technology research and product upgrades, expand domestic and international markets, and supplement working capital.

_Li Shida_

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