Mech-Mind Robotics has released its post-hearing information pack, indicating it has received approval for its IPO on the Hong Kong Stock Exchange. The company is a supplier of intelligent robot components, with its systems employing 3D vision technology to capture point cloud data and utilizing deep learning-based AI algorithms.

Its products are integrated into equipment used in client production and operational processes, primarily serving end customers in the automotive, new energy, consumer electronics, logistics, education, and general manufacturing sectors. The company has sold its products in nearly 50 countries and regions, including North America and Europe, with a global customer base. It is one of the few tech enterprises worldwide to achieve large-scale deployment of general-purpose intelligent robots across industries, scenarios, and geographies through smart robot technology.

According to the prospectus, Mech-Mind Robotics achieved steady business and financial growth during the track record period. From 2023 to 2025, the company's revenue was RMB 180.8 million, RMB 268.8 million, and RMB 388.8 million, respectively, with a compound annual growth rate (CAGR) of 46.6%. Gross margins for the same period were 39.1%, 51.1%, and 64.6%, respectively. Gross profit increased from RMB 70.6 million in 2023 to RMB 251.1 million in 2025, a CAGR of 88.5%.

Meanwhile, the company's adjusted net loss narrowed rapidly from RMB 334 million in 2023 to RMB 109 million in 2025, a reduction of nearly 70% over three years. In 2025, the operating loss fell below the R&D expenses for the same period (RMB 113 million), indicating that the core business is approaching breakeven. The consistent revenue growth, significant improvement in gross margin, and rapid narrowing of losses have driven an overall enhancement in profitability.

Mech-Mind Robotics' overseas business is also growing quickly. By shipment volume in 2025, the company captured over 27% of the global market share, surpassing the combined market share of its four largest competitors. Additionally, it holds the top market share position in China, Japan, and North America, and is a market leader in Southeast Asia, Europe, and South Korea.

From 2023 to 2025, the company's overseas revenue was RMB 58.6 million, RMB 97.7 million, and RMB 195.5 million, respectively, with a CAGR of 82.7%. The proportion of overseas revenue also increased significantly, from 32.4% in 2023 to 36.4% in 2024, and reaching 50.3% in 2025.