New Stock News | RoboTechnik submits application to Hong Kong Stock Exchange, mainly engaged in intelligent manufacturing equipment and photovoltaic battery solutions

According to the Hong Kong Stock Exchange's disclosure on October 28, RoboTechnik Intelligent Technology Co., Ltd. (abbreviated as: RoboTechnik) has submitted an application for the main board of the Hong Kong Stock Exchange, with Huatai International, Citigroup, and Dongfang Securities International as its joint sponsors. The prospectus shows that RoboTechnik (300757.SZ) is a supplier of high-precision intelligent manufacturing equipment and systems, which are essential for enhancing computing power and enabling the sustainable development of AI. The company's automation equipment and one-stop solutions for smart factories are key devices and core support for manufacturing optical interconnects, optical sensors, optical computing products, and photovoltaic ("PV") cells. Currently, the company focuses on providing high-precision assembly and testing equipment for silicon photonics ("silicon photonics") devices, as well as manufacturing solutions for photovoltaic cells. Silicon photonics is a technology that integrates photonic components onto silicon substrates to create photonic integrated circuits (PICs). Unlike traditional integrated circuits (ICs) or electronic integrated circuits (EICs) that use electronics, PICs use light (photons) for data transmission, achieving significant improvements in speed and bandwidth with lower power consumption and costs. The silicon photonics intelligent manufacturing equipment market is experiencing rapid growth, with vast market opportunities. According to data from Frost & Sullivan, the global market size is expected to grow from RMB 400 million in 2020 to RMB 2 billion in 2024, with a compound annual growth rate (CAGR) of 46.9%. It is projected that by 2029, the global market size will reach RMB 23.3 billion, with a CAGR of 63.8%, and further increase to RMB 115 billion by 2035, with a CAGR of 30.5%. The company made an initial investment in ficonTEC in 2020 and subsequently fully acquired ficonTEC. Through ficonTEC, the company has mastered proprietary and hard-to-replicate core technologies and proprietary techniques for assembling and testing silicon photonics devices, covering the entire high-precision manufacturing process and meeting specific application needs in data communication, telecommunications, and other markets. The company has a global business layout, and as of June 30, 2025, ficonTEC operates six sales offices worldwide, covering Europe, North America, and Asia. In the photovoltaic manufacturing field, the company provides high-speed, high-throughput, and highly flexible manufacturing equipment and smart manufacturing execution systems (MES), serving leading photovoltaic manufacturers in the global market. The company's comprehensive series of photovoltaic intelligent manufacturing equipment supports key steps in photovoltaic cell production. In addition to standalone automation equipment, it also delivers efficient complete production lines for photovoltaic cells and provides end-to-end copper interconnect solutions based on copper plating technology. According to Frost & Sullivan, in the photovoltaic manufacturing sector, the company ranks fourth globally in the field of intelligent photovoltaic cell automation manufacturing equipment based on revenue in 2024. Among the top ten photovoltaic manufacturers worldwide by revenue in 2024, eight are customers of the company In terms of finance, RoboTechnik achieved revenues of approximately RMB 901 million, RMB 1.57 billion, RMB 1.104 billion, and RMB 248 million for the fiscal years 2022, 2023, 2024, and the six months ending June 30, 2025, respectively; during the same period, the annual/profit for the period was approximately RMB 25.604 million, RMB 79.469 million, RMB 63.176 million, and -RMB 12.189 million.