On September 14, MECH-MIND ROBOT fell 6.37% in regular trading, trading at 88.5 HKD/share, with turnover of HKD 1.7584 million. The stock resumed its decline after failing to reclaim its IPO price of 101.70 HKD since listing on September 1.

MECH-MIND ROBOT debuted on the Hong Kong Stock Exchange at the upper end of its IPO price range at 101.70 HKD, but broke below the offering price on its first trading day. The stock then fell for four consecutive sessions, plunging over 22% and hitting a low of 75.4 HKD. While it staged a roughly 20% technical rebound last week, partly aided by a broader rally in Hong Kong-listed robotics stocks, the recovery stalled well below the IPO price. Despite recording approximately 3,835 times oversubscription during its public offering, the post-listing performance has sharply diverged from initial market enthusiasm. Financially, the company posted revenue of RMB 389 million in 2025 with a gross margin of 64.6%, but accumulated losses exceeding RMB 1 billion over the past three years continue to weigh on investor sentiment.

MECH-MIND ROBOT was founded in 2016 by a Tsinghua-affiliated team, specializing in AI-powered 3D vision-guided intelligent robot components deployed across the automotive, new energy, consumer electronics, and logistics industries.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)