It is expected to be officially listed on the main board of the Hong Kong Stock Exchange on December 29.
Today, UBTECH opened its IPO until December 22, and is expected to be officially listed on the main board of the Hong Kong Stock Exchange on December 29.
According to the announcement issued by UBTECH, the company plans to sell 1128 globally20,000 shares, 112 shares offered in Hong Kong, China820,000 shares, 1,015 international placement shares380,000 shares, plus 15% over-allotment option;The offer price will be 86. per Offer Share0-116.HK$0, board lot size of 50 shares;Guotai Junan International is the sole sponsor.
UBTECH is committed to the design, production, commercialization, sales and marketing, as well as R&D of intelligent service robots and intelligent service robot solutions. According to the Sullivan report, UBTECH is one of the few market players in the global humanoid robot industry and has commercialized humanoid robots.
During the Track Record Period, the Company's revenue for FY2020, FY2021, FY2022, the first six months of 2022 and the first six months of 2023 was 7., respectively40.2 billion yuan, 817.2 billion yuan, 1008.3 billion yuan, 283.5 billion yuan and 261.1 billion yuan. From FY2020 to FY2021, the company's revenue grew by 10.4%, up 23. from FY2021 to FY20224%。
During the Track Record Period, the Company incurred R&D expenses of approximately 42.9 billion yuan, 51.7 billion yuan, 4$2.8 billion and $22.4 billion yuan, accounting for the company's total revenue during the corresponding year5% and 859%。
At present, UBTECH focuses on the three major application scenarios of humanoid robots, including industrial manufacturing, commercial services and home companionship. Among them, intelligent manufacturing will become the first large-scale application field of humanoid robots, which will redefine workers in the AI era and free people from repetitive laborThe commercial service scenario is the fastest application market for humanoid robots, while the home landing scenario is the most potential application market for humanoid robots.
Before the IPO, founder Zhou Jian, CTO Xiong Youjun and angel investor Xia Zuoquan jointly held UBTECH 5259% of the shares. Tencent, the largest institutional shareholder, holds a total of 631% stake. Qiming Venture Capital, the second largest institutional shareholder, holds a total of 582% of the shares.