Embodied AI Robot Maker Weiyi Zhizao Launches HK IPO at HK$16.63-21.46 per Share

On October 20, Weiyi Zhizao (03275.HK), an industrial embodied intelligence robot company, announced the launch of its H-share global offering. The company plans to offer 37.2758 million H shares, with about 10% reserved for the Hong Kong public offering and the rest for international placement. The subscription period runs from October 20 to October 23, with an offer price range of HK$16.63 to HK$21.46 per share. Trading is expected to begin on the Hong Kong Stock Exchange on October 28.

Weiyi Zhizao designs, develops and commercializes industrial robots and solutions for customers across multiple industries. Its self-developed software and hardware systems enable embodied intelligent robots to perceive, learn, decide and execute complex tasks. According to the prospectus, revenue for 2023, 2024 and 2025 reached RMB 434.0 million, RMB 600.2 million and RMB 795.5 million, respectively. Gross profit for the same periods was RMB 183.8 million, RMB 287.3 million and RMB 385.4 million. Net profit was RMB 15.7 million in 2024 and RMB 5.1 million in 2025. For the five months ended May 31, 2025 and May 31, 2026, revenue was RMB 345.6 million and RMB 423.8 million, with net profit of RMB 7.1 million and RMB 22.5 million, respectively.