AtomRobotics Co., Ltd., based in Tianjin, has submitted a listing application to the Hong Kong Stock Exchange, with Huatai International acting as the sole sponsor.

The company focuses on the development, production, sales, and service of high-speed, high-reliability robots. Its product portfolio includes parallel robots, high-speed SCARA robots, heavy-duty collaborative robots, and embodied intelligent robots, serving industries such as food and beverage, new energy, 3C, and pharmaceuticals.

According to a Frost & Sullivan report, AtomRobotics ranked first in China and second globally in terms of parallel robot unit shipments in 2024, with market shares of approximately 12.3% and 4.8%, respectively.

Driven by growth in overseas markets, the company's revenue has shown an upward trend in recent years. Revenue increased from RMB 93.491 million in 2023 to RMB 135 million in 2024. In the first three quarters of 2025, revenue reached RMB 157 million, a year-on-year increase of 72.21%. Overseas revenue for the same period was approximately RMB 12.3 million, surging over 430% compared to the prior year.

After reporting losses of RMB 39.253 million in 2023 and RMB 47.068 million in 2024, the company achieved a turnaround in the first three quarters of 2025, recording a profit of RMB 938,000. AtomRobotics noted that it is in a phase of rapid business expansion and continues to invest heavily in R&D, which may lead to net losses again in the short term.

Revenue remains heavily reliant on parallel robots, which accounted for over half of total sales in the first three quarters of 2025. The gross profit margin for this segment improved from 22.2% in 2023 to 31.9% in the first three quarters of 2025.

The company's newer products, heavy-duty collaborative robots and high-speed SCARA robots, have not yet achieved economies of scale. High-speed SCARA robots contributed 2.1% to revenue in the first three quarters of 2025 but reported negative gross margins of -125.1% in 2024 and -83.8% in the first three quarters of 2025. The gross margin for heavy-duty collaborative robots improved from -198.9% in 2023 to 5.8% in the first three quarters of 2025.

As of the latest practicable date, founder Liu Songtao, together with Song Tao, Chenxing Partners, Chenxing Friends, Chenxing Brothers, and Yang Junwen, form the largest shareholder group, controlling approximately 33.99% of the voting rights.

Pre-IPO investors include Shenzhen Capital Group, China State Capital Venture Capital Fund, Lenovo Capital, Haier Financial Holdings, TEDA Venture Capital, and Siasun Investment, among others.

Proceeds from the Hong Kong IPO will be used for ongoing research and development, including advancements in artificial intelligence and embodied intelligent robotics, as well as optimizing and expanding the company's robotic solutions. Funds are also earmarked for constructing a multifunctional headquarters, expanding production capacity, developing overseas operations, enhancing brand presence, and general working capital purposes.