Estun Automation Shares Rebound Over 6% in Late Trading, Maintaining Top Spot in Domestic Industrial Robot Shipments

Stock News
03/23

Estun Automation (02715) reversed earlier losses to surge more than 6% during late trading. At the time of writing, shares were up 6.7% to HK$13.22, with a turnover of HK$24.55 million. According to its listing prospectus, Estun Automation is a leading enterprise in China's industrial robotics sector. Data from Frost & Sullivan shows the company has maintained the highest shipment volume of industrial robots among domestic enterprises in China's industrial robot solutions market for multiple consecutive years. The same research firm reported that Estun achieved a historic breakthrough in the first half of 2025, with its domestic industrial robot shipments surpassing those of foreign brands, making it the first local robotics company to top China's industrial robot solutions market. Wu Kan, Vice Chairman and President of Estun Automation, stated that the Hong Kong listing represents a strategic move in the company's global expansion, with core objectives focused on two main areas: establishing an overseas financing platform and comprehensively promoting global business development. Through the Hong Kong listing, Estun can access more convenient international financing channels, providing capital support for overseas capacity expansion and cross-border acquisitions.

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