Core Viewpoint - Nanjing Estun Automation Co., Ltd., a leading Chinese industrial robot company, has passed the hearing for its IPO on the Hong Kong Stock Exchange, indicating a significant step towards its public listing [1] Company Overview - Estun provides industrial robots and intelligent manufacturing systems, as well as core automation components and motion control systems, to clients in various manufacturing sectors including automotive, engineering machinery, heavy industry, and lithium batteries [1] - The company has maintained the top position in domestic industrial robot shipments among local enterprises in China for several consecutive years, according to Frost & Sullivan [1] Market Position - Estun is projected to achieve a historic milestone by surpassing foreign brands in industrial robot shipments in the domestic market by the first half of 2025, becoming the first domestic robot company to lead the Chinese industrial robot solutions market [1] Financial Performance - Estun's revenue for the fiscal years 2022 to 2024, and for the nine months ending September 30, 2025, is estimated to be approximately 3.881 billion yuan, 4.652 billion yuan, 4.009 billion yuan, and 3.804 billion yuan respectively [1]

Core Viewpoint - Nanjing Estun Automation Co., Ltd. is preparing for an IPO on the Hong Kong Stock Exchange after already being listed on the A-share market, with a current market capitalization of 21.2 billion RMB and an expected net profit of 6 to 8 million RMB after deducting non-recurring items for the upcoming year [2][12]. Group 1: Company Overview - Estun was established in 1993 and focuses on autonomous motion control and robotics technology, creating a complete industrial ecosystem for smart manufacturing [2][23]. - The company has developed three core business areas: industrial automation products, robotics and intelligent manufacturing systems, and industrial digitalization products, providing comprehensive solutions globally [4][25]. Group 2: Product and Market Presence - Estun offers a wide range of products covering information, control, drive, and execution layers, including high-precision multi-axis motion controllers and various automation systems [4][25]. - The company has 87 models of industrial robots that cover loads from 3 to 700 kg, serving industries such as automotive, photovoltaics, lithium batteries, and aerospace [6][27]. Group 3: Financial Performance - Estun's revenue for 2022, 2023, and 2024 was 3.881 billion RMB, 4.652 billion RMB, and 4 billion RMB respectively, with corresponding gross profits of 1.276 billion RMB, 1.455 billion RMB, and 1.134 billion RMB [8][29]. - The company reported a significant net loss of 817.685 million RMB in 2024, attributed to a 360 million RMB impairment of intangible assets and goodwill [8][29]. - For the first three quarters of 2025, Estun achieved a revenue of 3.8 billion RMB, a 12.8% increase from the previous year, with a net profit of 29.7 million RMB [10][31]. Group 4: Future Projections - Estun anticipates a net profit of 35 to 50 million RMB for 2025, a substantial recovery from the previous year's loss of 810 million RMB [12][33]. - The expected net profit after excluding non-recurring items is projected to be between 6 to 8 million RMB, compared to a loss of 840 million RMB in the prior year [12][33]. Group 5: Shareholding Structure - The controlling shareholders of Estun include Wu Bo and his family, holding approximately 42% of the voting rights, with Wu Bo directly owning 12.74% of the shares [13][40]. - As of September 30, 2025, the company had a diverse shareholder base, including institutional investors and employee stock ownership plans [19][42].

港交所披露，南京埃斯顿自动化股份有限公司通过港交所主板上市聆讯。 来源：滚动播报 ...

港交所2月23日披露，南京埃斯顿自动化股份有限公司（埃斯顿，002747.SZ）通过港交所主板上市聆 讯。根据弗若斯特沙利文的资料，埃斯顿在中国工业机器人解决方案市场中连续多年保持本土企业工业 机器人出货量第一名，并于2025年上半年取得历史性突破，国内市场上工业机器人出货量超越外资品 牌，成为首家登顶中国工业机器人解决方案市场的国产机器人企业。按2024年收入计，该公司在全球市 场及中国市场的所有制造商中均排名第六，市场份额分别为1.7%及2.0%。 财务数据显示，2022年度、2023年度、2024年度、2025年前三季度，埃斯顿实现收入分别约38.81亿 元、46.52亿元、40.09亿元、38.04亿元；同期，录得年/期内利润分别约1.84亿元、1.34亿元、-8.18亿 元、2970万元。（智通财经记者 杨漾） ...

智通财经APP讯，埃斯顿(002747.SZ)公告，于2026年1月15日，公司向中国香港联交所更新递交了本次 发行并上市的申请，并于同日在联交所网站刊登了本次发行并上市的更新申请资料。根据本次发行并上 市的安排，公司按照有关规定在香港联交所网站刊登本次发行聆讯后资料集。 ...

智通财经APP讯，埃斯顿(002747.SZ)公告，于2026年1月15日，公司向中国香港联交所更新递交了本次 发行并上市的申请，并于同日在联交所网站刊登了本次发行并上市的更新申请资料。根据本次发行并上 市的安排，公司按照有关规定在香港联交所网站刊登本次发行聆讯后资料集。 ...

股票代码：002747 股票简称：埃斯顿 公告编号：2026-007号 南京埃斯顿自动化股份有限公司 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚 假记载、误导性陈述或重大遗漏。 南京埃斯顿自动化股份有限公司（以下简称"公司"）正在进行申请发行境 外上市外资股（H 股）并在香港联合交易所有限公司（以下简称"香港联交所"） 主板挂牌上市（以下简称"本次发行并上市"）的相关工作。 公司已于 2025 年 6 月 27 日向香港联交所递交了本次发行并上市的申请，并 于同日在香港联交所网站刊登了申请资料。具体内容详见公司 2025 年 6 月 30 日披露于《证券时报》《中国证券报》和巨潮资讯网（www.cninfo.com.cn）上的 《关于向香港联交所递交境外上市外资股（H 股）发行并上市申请并刊发申请资 料的公告》（公告编号：2025-047 号）。 2025 年 12 月 9 日，公司收到中国证券监督管理委员会（以下简称"中国证 监会"）出具的《关于南京埃斯顿自动化股份有限公司境外发行上市备案通知书》 （国合函〔2025〕2205 号），中国证监会对公司本次发行并上市备案信息予以确 认。具 ...

Core Viewpoint - Nanjing Estun Automation Co., Ltd. (referred to as Estun) has successfully passed the listing hearing on the Hong Kong Stock Exchange, with Huatai International as its sole sponsor. Estun has maintained the leading position in China's industrial robot shipment volume among domestic companies for several consecutive years [1][4]. Company Overview - Estun is a leading enterprise in China's industrial robot sector, primarily engaged in the research, development, manufacturing, and sales of industrial robots, intelligent manufacturing systems, and automation core components [4][5]. - The company offers a comprehensive range of products, from automation core components and motion control systems to complete robot bodies and solutions [4]. Market Position - According to Frost & Sullivan, Estun is expected to achieve a historic breakthrough in the first half of 2025, surpassing foreign brands in domestic industrial robot shipments and becoming the first domestic robot company to top the Chinese industrial robot solutions market [4]. - By revenue, Estun ranks sixth among all manufacturers globally and in China, with market shares of 1.7% and 2.0%, respectively, for the year 2024 [4]. Product and Service Offerings - Estun's industrial robots and intelligent manufacturing systems provide automation solutions that significantly enhance productivity, safety, and reliability in industrial environments [5]. - The product portfolio includes general-purpose and specialized robots capable of executing repetitive, physically demanding, or hazardous tasks with high precision [5]. - The company also provides robot-centric workstations equipped with controllers and other supporting devices to efficiently perform specific manufacturing steps such as welding, machining, or assembly [5]. Financial Performance - For the fiscal years ending December 31 and the nine months ending September 30, Estun reported revenues of approximately RMB 3.88 billion, RMB 4.65 billion, RMB 4.01 billion, and RMB 3.80 billion for 2022, 2023, 2024, and 2025, respectively [6][7]. - The company recorded profits of approximately RMB 184 million, RMB 134 million, a loss of RMB 818 million, and a profit of RMB 29.7 million for the same periods [6][7]. - Estun's operational efficiency is supported by a global presence with 75 service outlets and seven manufacturing bases, allowing for effective customer response and consistent quality assurance [6].

Core Viewpoint - Nanjing Estun Automation Co., Ltd. (Estun) has successfully passed the listing hearing on the Hong Kong Stock Exchange, with Huatai International as its sole sponsor. Estun has maintained its position as the leading domestic company in China's industrial robot shipment volume for several consecutive years [1][4]. Group 1: Company Overview - Estun is a leading enterprise in China's industrial robot sector, engaged in the research, manufacturing, and sales of industrial robots, intelligent manufacturing systems, and automation core components [4][5]. - The company offers a comprehensive range of products, from automation core components and motion control systems to complete robot bodies and solutions [4][5]. - Estun achieved a historic milestone in the first half of 2025, surpassing foreign brands in domestic industrial robot shipments, becoming the first domestic robot company to top the market [4]. Group 2: Market Position and Financial Performance - According to Frost & Sullivan, Estun ranks sixth among all manufacturers globally and in China by revenue, with market shares of 1.7% and 2.0%, respectively, for the year 2024 [4]. - The company reported revenues of approximately 3.88 billion RMB, 4.65 billion RMB, 4.01 billion RMB, and 3.80 billion RMB for the fiscal years ending in 2022, 2023, 2024, and the nine months ending September 30, 2025, respectively [6][7]. - The net profit figures for the same periods were approximately 183.56 million RMB, 133.63 million RMB, -817.69 million RMB, and 29.70 million RMB [6][7].

Core Viewpoint - Nanjing Estun Automation Co., Ltd. (referred to as Estun) has successfully passed the listing hearing on the Hong Kong Stock Exchange, with Huatai International as its sole sponsor. Estun has maintained the top position in China's industrial robot shipment volume among domestic companies for several consecutive years [1][4]. Company Overview - Estun is a leading enterprise in China's industrial robot sector, primarily engaged in the research, development, manufacturing, and sales of industrial robots, intelligent manufacturing systems, and automation core components [4][5]. - The company offers a comprehensive range of products, from automation core components and motion control systems to complete robot bodies and solutions [4]. Market Position - According to Frost & Sullivan, Estun is expected to achieve a historic breakthrough in the first half of 2025, surpassing foreign brands in domestic industrial robot shipments and becoming the first domestic robot company to lead the Chinese industrial robot solutions market [4]. - By revenue, Estun ranks sixth among all manufacturers globally and in China, with market shares of 1.7% and 2.0%, respectively, for the year 2024 [4]. Product and Service Offerings - Estun's industrial robots and intelligent manufacturing systems provide automation solutions that significantly enhance productivity, safety, and reliability in industrial environments [4]. - The product portfolio includes general-purpose and specialized robots capable of executing repetitive, physically demanding, or hazardous tasks with high precision [5]. - The company also provides robot-centric workstations equipped with controllers and other supporting devices to efficiently perform specific manufacturing steps such as welding, machining, or assembly [5]. Financial Performance - For the fiscal years 2022, 2023, 2024, and the nine months ending September 30, 2025, Estun reported revenues of approximately RMB 3.88 billion, RMB 4.65 billion, RMB 4.01 billion, and RMB 3.80 billion, respectively [6][7]. - The company recorded profits of approximately RMB 184 million, RMB 134 million, a loss of RMB 818 million, and a profit of RMB 29.7 million for the same periods [6][7].