Yiwetech has passed the Hong Kong Stock Exchange main board listing hearing, with CITIC Securities International and Guotai Junan International serving as joint sponsors, according to a disclosure dated 30 September.
The company is a robotics technology platform primarily engaged in providing intelligent mobile robot solutions, including inertial navigation robot solutions, single-modality robot solutions and multi-modality robot solutions. Its Amicro intelligent mobile robot technology platform is built around self-developed robot algorithms and dedicated SoCs, with various sensors, motion control modules, SDKs and toolchains as components, enabling the company to go beyond supplying individual components and translate underlying technology into tailored intelligent mobile robot solutions for different use cases.
The company's intelligent mobile robot technology platform holds technical advantages in multi-dimensional robot perception, autonomous decision-making and fine control. The platform's perception domain can accurately identify complex information such as environmental layout and obstacle types; the decision-making domain can dynamically plan optimal paths based on real-time data; and the control domain can achieve smooth movement and precise operation. These core capabilities, through standardized modules, form a modular technology reuse system with cross-scenario adaptability and low migration costs, allowing the company to rapidly replicate and adapt the deep technical expertise accumulated in mature application scenarios to other emerging, high-growth intelligent mobile robot categories and use cases.
The company is a seasoned innovator in the intelligent mobile robot industry, driving industry progress and commercialization. According to Frost & Sullivan, based on 2025 revenue, it is the third-ranked intelligent mobile robot solution provider with a market share of approximately 4.2%, the largest single-modality robot solution provider in China with a market share of 2.2%, and the third-ranked multi-modality robot solution provider in China with a market share of 5.9%. In 2025, the company's intelligent mobile robot solution sales exceeded 3.5 million units.
Intelligent mobile robots are rapidly expanding into consumer, commercial and industrial sectors, creating urgent demand for innovative components and systems. As robots evolve from handling structured, pre-set tasks to performing tasks in complex, unstructured scenarios such as homes and outdoor environments, traditional manufacturers face challenges including high costs, long development cycles and limited adaptability. The company's solutions address these challenges through a core technology platform featuring modular customization, deeply integrated hardware and software architecture and toolchain support. By eliminating performance bottlenecks and accelerating deployment, the company empowers the industry to profit from the commercialization of physical artificial intelligence.
In recent years, with the rapid development of the intelligent mobile robot industry, the intelligent mobile robot solutions segment has entered a high-growth phase. According to Frost & Sullivan estimates, the market size of China's intelligent mobile robot solutions industry reached RMB9.7 billion in 2025 and is expected to grow to RMB38.1 billion by 2030, representing a compound annual growth rate of 31.4%.
In terms of financials, for the years 2023, 2024, 2025 and the four months ended 30 April 2026, the company recorded revenue of approximately RMB206 million, RMB286 million, RMB407 million and RMB130 million, respectively. Over the same periods, losses for the year or period amounted to approximately RMB113 million, RMB98.858 million, RMB155 million and RMB66.737 million, respectively.