On September 30, CAMSENSE surged 219.29% in regular trading on its debut day on the Hong Kong Stock Exchange. The stock priced its IPO at HK$58.85 per share.

The explosive debut was driven by unprecedented investor demand. The Hong Kong public offering was oversubscribed approximately 3,546.91 times, attracting around 160,000 investors with aggregate subscription funds of approximately HK$250 billion. The international placement was 5.53 times oversubscribed. The company raised net proceeds of approximately HK$615.4 million from the global offering of 11,588,800 H shares. Cornerstone investors including BYD and China润 Optical subscribed for a combined HK$110 million.

Founded in 2014, CAMSENSE is a leading high-precision spatial sensing solutions provider specializing in lidar and line laser sensors for robot vacuums, with over 200 patent applications. By revenue, the company ranks first globally in robot vacuum spatial sensing solutions, with lidar shipments exceeding 50% market share. Its top clients include Dreame, Roborock, Xiaomi, Midea, and Haier. In Q1, revenue grew 48.7% year-over-year to RMB 196 million.

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