On September 21, a reporter visited the global headquarters of Mech-Mind in Xiong'an New Area. Just weeks earlier, on the first day of the month, the gavel at the Hong Kong Stock Exchange rang out for this robotics firm that calls Xiong'an home, marking its official listing. It is the first company to have applied for and completed an initial public offering from Xiong'an, and the market has dubbed it the "first listed stock in embodied intelligence, covering vision, cognition, and dexterity."
Inside Mech-Mind, engineers are working on something impressive: teaching robots to "think." "Our name, Mech-Mind, reflects our focus on the intelligent core of embodied AI," said Shao Tianlan, founder and CEO of Mech-Mind (Xiong'an) Robotics Technology Co., Ltd. The company's approach involves giving robots "eyes" through industrial-grade 3D cameras and installing a "brain" via AI algorithms and software, enabling them to perform tasks in factories and warehouses. In manufacturing, these robots handle jobs like material handling, assembly, cutting, welding, gluing, and screwing; in logistics, they manage tasks such as moving and picking goods from bins and containers.
In 2024, Mech-Mind relocated its global headquarters to Xiong'an New Area. That same year, Xiong'an unveiled a plan to take the lead in nurturing three iconic future industries, including artificial intelligence, a sector where Mech-Mind fits perfectly. "During the entire relocation process, we completed all the formalities in less than a month. My team and I had to worry very little. So, 'hassle-free and fast' was our first impression of Xiong'an, and that feeling has only grown stronger over the past two years," Shao said, summing up his experience in just two words: "peace of mind."
To fully support companies in navigating the capital markets and achieving high-quality growth, Xiong'an New Area has built a five-pronged service system tailored to the entire lifecycle of a company's IPO journey. The framework includes dedicated task forces, burden-reducing mechanisms, capital empowerment, professional guidance, and policy backing. After settling in Xiong'an, Mech-Mind has continued to refine its integrated "brain-eye-hand" systems. According to its prospectus, as of the time of listing, Mech-Mind's products had reached nearly 50 countries and regions, serving over 100 Fortune 500 companies worldwide. From its relocation to the ringing of the listing bell, it took Mech-Mind less than two years to make its stock market debut on schedule.
"Going public is a major milestone for us. It represents a comprehensive validation of the work we've done over the past period," Shao said. The listing has brought Mech-Mind a wealth of resources and will allow the company to accelerate its progress in core technologies, product development, and international expansion. The IPO journey of this unicorn is a microcosm of Xiong'an's increasingly mature science and innovation ecosystem. Li Peidong, deputy director of the Reform and Development Bureau of Xiong'an New Area, stated that the region will continue to cultivate a tiered pipeline of listed companies, guiding more high-quality tech enterprises to leverage capital markets for greater efficiency and growth, injecting sustained momentum into the area's high-quality development.