Vision Robotics Player LDRobot Files for Hong Kong IPO on $52.9M H1 Revenue

China's securities regulator has approved the overseas listing filing of Shenzhen LDRobot, marking a major step in the company's planned Hong Kong IPO.

According to the filing notice from the China Securities Regulatory Commission dated March 6, 2026, the company plans to issue up to 86.25 million H shares. Meanwhile, 25 shareholders intend to convert approximately 300 million domestic shares into H shares for trading on the Hong Kong Stock Exchange.

The company's three largest shareholders include Zhou Wei, Tibet Wanqing Investment, and Hunan Huaye Tiancheng Venture Capital.

Founded in Shenzhen in 2017, LDRobot focuses on intelligent robotics powered by visual perception technologies. According to data from consultancy CIC, the company was the world's largest robotics company centered on visual perception technology in terms of related revenue in 2024. More than 6 million robots worldwide currently use their visual perception systems.

Financial disclosures show steady growth. Revenue reached RMB 234 million (~$32.1M) in 2022, RMB 277 million (~$37.9M) in 2023, and RMB 467 million (~$64.0M) in 2024, with RMB 386 million (~$52.9M) generated in the first half of 2025 alone.

Net losses narrowed during the same period—from RMB 73.1 million (~$10.0M) in 2022 to RMB 56.5 million (~$7.7M) in 2024, and further down to RMB 13.8 million (~$1.9M) in H1 2025.

Founder and Chairman Zhou Wei and co-founder Guo Gaihua, both alumni of Huazhong University of Science and Technology, previously co-founded the smart mobility company Inmotion in 2012. LDRobot's products and services now reach more than 50 countries and regions, with partnerships spanning over 300 robotics-related companies globally.

Source：Robot Frontiers