智通财经消息，硬科技企业本末科技9月21日开启招股，预计9月29日于港交所主板挂牌，中信证券(香港)为独家保荐人。
作为港股“直驱第一股”，本末科技脱胎于青年科创团队，直面传统减速器传动体系的固有短板，以自研直驱技术走出国产替代路径，向全球百年传统动力模式发起技术革命。弗若斯特沙利文数据显示，2025年公司国内消费机器人直驱动力模组出货超850万套，累计成功实现千万级别规模化量产，全球排名第一，合作覆盖全球前十消费机器人厂商中的四家。本末科技的双轮足机器人产品中国市场市占率第二，是全球行业少数实现轮足机器人群体控制技术的企业。
公司2023‑2025年营收实现超300%复合增速，伴随规模释放，盈利能力持续优化。在具身智能产业浪潮下，直驱赛道渗透率仍处于低位，增长潜力巨大。登陆资本市场后，本末科技将持续投入技术研发、扩充自动化产能，推进直驱技术多场景落地，进一步拓宽海内外产业生态布局，强化赛道龙头竞争优势。
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.