Core Viewpoint - Guangdong Tuosda Technology Co., Ltd. is officially pursuing a dual listing on both the A-share and H-share markets to enhance its global development strategy and broaden financing channels [1][3]. Company Overview - Tuosda was established in 2007 in Dongguan and has transformed from a supplier of injection molding peripheral equipment to a full-chain service provider in the robotics sector, becoming the first listed robotics company in Guangdong [3][5]. - The company is recognized as a leader in the full-stack industrial robotics industry in mainland China and is a pioneer in embodied intelligence [3][6]. Financial Performance - Tuosda's revenue for 2023, 2024, and the first three quarters of 2025 was RMB 45.53 billion, RMB 28.72 billion, and RMB 16.88 billion, respectively [4][9]. - The net profit showed significant volatility, with figures of RMB 1.06 billion, -RMB 2.39 billion, and RMB 0.47 billion for the same periods [9][10]. Strategic Transformation - The company is undergoing a strategic transformation focusing on core businesses such as industrial robots, CNC machine tools, and injection molding machines, which has led to improved gross margins of 17.6%, 14.6%, and 28.3% for the respective years [11][12]. - Tuosda's shift away from lower-margin businesses, particularly the smart energy and environmental management systems, has been a significant factor in its recent financial performance [11][13]. Market Expansion - The overseas market has become a crucial growth driver, with overseas sales revenue accounting for 11.0%, 20.9%, and 25.0% of total revenue in 2023, 2024, and the first nine months of 2025, respectively [7][8]. - The company has established a sales network covering over 50 countries and regions, with significant operations in Vietnam and Mexico [8][9]. Challenges and Risks - Despite the positive outlook, Tuosda faces challenges such as market competition, where it ranks fifth in the domestic industrial robotics market with a market share of 0.9% [13]. - The company is also dealing with governance issues, having received regulatory warnings for revenue recognition discrepancies and other compliance failures [14][15].

证券日报网讯1月23日，拓斯达（300607）在互动平台回答投资者提问时表示，公司具体业务及合作情 况请以公司公开披露信息为准。 ...

证券日报网讯1月23日，拓斯达（300607）在互动平台回答投资者提问时表示，二级市场股价受宏观经 济形势、经济周期与行业景气、政策环境、投资者偏好和资本市场情绪等多重因素的影响。 ...

中国人工智能产业发展联盟工作组专家高泽龙也向《华夏时报》记者表示，这是企业在战略转型过程中 常见的挑战：旧业务大幅萎缩且产生毛损，而新业务尚在孵化，需要大量的资金投入用于研发、市场推 广等，短期内尚未产生可观的收益来弥补旧业务的损失。而对于谋求双平台上市的公司来说，这种过渡 期带来的压力更为显著。在A股市场，投资者通常更关注企业的盈利能力和稳定性，业绩下滑和亏损可 能会使公司在A股市场的股价受到负面影响，增加融资难度和成本。而在港股市场，虽然对企业的盈利 要求相对灵活，但也会对企业的未来发展前景和战略规划进行严格评估。 机器人上市热潮中，工业机器人企业广东拓斯达科技股份有限公司（下称"拓斯达"）1月16日递表港交 所，向"A+H"双平台发起冲击。 具身智能是近几年最火的科技赛道之一，也成为拓斯达讲述新故事的核心。1月21日，拓斯达方面对 《华夏时报》记者表示，作为中国内地领先的全栈式工业机器人供应商，公司积极推动从专用自动化设 备向通用智能机器人转型。公司在具身智能领域的竞争力根植于独特的"场景+机器人+数据+AI"商业闭 环，使得公司处于有利位置，可加速全场景应用的部署，并把握机器人市场的快速发展所带来的机 ...

今年，拓斯达最新发布四足机器人"星仔"，相较于"小拓"聚焦于工业生产应用场景，"星仔"将进一步拓 宽包括自主巡检、森林消防作业以及在其它复杂环境中的专项作业。 "场景+机器人+数据+AI"商业闭环 近日，国内具身智能领军企业拓斯达（股票代码：300607）正式向港交所递交上市申请。 深耕机器人全产业链，具身智能领域的先行者 作为广东省智能机器人产业链"链主"企业，拓斯达在机器人核心零部件、机器人本体、自动化应用系统 形成全链条自主布局。弗若斯特沙利文的资料显示，2024年，公司轻负载工业机器人出货量及轻工业领 域工业机器人出货量均居国内第一。 拓斯达在具身智能领域持续取得重大进展，并已在多个制造场景中实现商业化应用，切实解决了制造业 长期存在的柔性生产难题。 公司推出国内首款应用于注塑场景的智能人形机器人"小拓"。作为国内首台在注塑场景应用落地的智能 人形机器人，"小拓"已在注塑车间完成了多轮验证，可在无人机桨叶分拣、摆盘场景中自主完成全流程 作业。 基于在控制技术及软硬结合能力的多年储备，拓斯达推出了自主开发、高度开放兼容、全面适配智能机 器人的X5控制平台。根据弗若斯特沙利文的资料，X5机器人控制系统是中 ...

Core Viewpoint - Guangdong Tuosida Technology Co., Ltd. is officially pursuing a dual listing on both A-share and H-share markets to enhance its global development strategy and brand influence while expanding financing channels [1][5]. Company Overview - Tuosida is recognized as a leader in the full-stack industrial robot sector in mainland China and a pioneer in embodied intelligence [1]. - The company has transformed from a supporting player in the supply chain to a "chain master," providing comprehensive solutions from single machines to entire factory setups [2]. Financial Performance - The company's revenue for 2023, 2024, and the first three quarters of 2025 is reported as RMB 45.53 billion, RMB 28.72 billion, and RMB 16.88 billion respectively [2][8]. - Net profit figures show significant volatility: RMB 1.06 billion in 2023, a loss of RMB 2.39 billion in 2024, and a profit of RMB 0.47 billion in 2025 [8]. - The revenue from the smart energy and environmental management system, previously a major revenue source, dropped over 50% in 2024, contributing to the net loss [8][9]. Strategic Initiatives - Tuosida is accelerating its entry into the humanoid robot market, with plans to launch a working humanoid robot equipped with AI capabilities by September 2025 [3]. - The company aims to establish local sales and marketing teams in international markets, enhancing its overseas sales network [5][7]. Market Position - As of 2025, Tuosida has established 27 offices in mainland China and expanded its overseas sales network to over 50 countries, serving nearly 1,000 international clients [7]. - Despite its growth, Tuosida's market share in the domestic industrial robot sector remains relatively low, ranking fifth with a market share of 0.9% in 2024 [9]. Challenges - The company faces challenges during its transformation phase, including revenue pressure and fluctuations in net profit due to strategic adjustments [8][9]. - Supply chain risks are significant, with raw material and component costs accounting for over 92% of total sales costs [10]. - Governance issues have arisen, including regulatory warnings related to revenue recognition and cost accounting practices [10][11].

近日，拓斯达（证券代码：300607）发布公告称，广东拓斯达科技股份有限公司已于2026年1月16日向香港联合交易所有限公司递交发行H股股票并在香港 联交所主板挂牌上市的申请，并于同日在香港联交所网站刊发了申请材料。 公告显示，本次刊发的申请资料为公司依据香港证券及期货事务监察委员会及香港联交所要求编制的草拟版本，其所载资料可能适时更新及修订。本次发行 上市最终得以实施，发行对象将仅限于符合相关条件的境外投资者及依据中国相关法律法规有权进行境外证券投资的境内合格投资者。 公司提示，本次H股发行上市尚需取得中国证券监督管理委员会、香港证监会及香港联交所等相关机构的备案、批准或核准，并需考虑市场情况等因素，该 事项仍存在不确定性。公司将根据进展情况依法及时履行信息披露义务，请投资者注意相关投资风险。 采写：南都N视频记者 李晓艺 ...

广东拓斯达科技股份有限公司（简称"拓斯达"）近日向香港联合交易所递交招股书，拟冲刺"A+H"双上市平台。拓斯达已于2017年2月9日在A股挂牌上 市，截至1月20日收盘，其A股股票（300607）报33.34元/股，对应市值159.02亿元。 全栈式技术布局，构筑智能装备生态体系 招股书显示，拓斯达成立于2007年，目前已在机器人核心零部件、机器人本体、自动化应用系统领域实现全链条自主布局，系广东省智能机器人产业链的 「链主」企业。据弗若斯特沙利文数据，2024年，拓斯达以轻负载工业机器人出货量、轻工业领域工业机器人出货量计，均位居中国内地工业机器人解决 方案市场首位。 公司以工业机器人与自动化应用系统为核心业务，同步布局数控机床、注塑装备板块，形成覆盖塑料与金属加工全场景的智能装备矩阵。在具身智能领 域，拓斯达推出中国内地首款注塑场景智能人形机器人"小拓"，其四足机器人"星仔"可承担自主巡检、森林消防等复杂任务，目前已在多行业实现落地应 用。核心技术层面，公司自主研发的X5机器人控制平台，系中国内地首个具备云边端部署及感算控一体化能力的智能机器人控制平台；依托601项授权专 利及占员工总数约40%的研发团队 ...

Core Viewpoint - Guangdong Tosstar Technology Co., Ltd. has submitted its prospectus for an IPO on the Hong Kong Stock Exchange, aiming to establish an "A+H" dual capital market layout to enhance its global business expansion and technological research and development [2] Group 1: Company Overview - Founded in 2007, the company has nearly two decades of experience in the intelligent equipment sector, focusing on core intelligent equipment such as embodied intelligence, industrial robots, CNC machine tools, and injection molding machines [2] - The company has developed a diversified product matrix including Cartesian robots, articulated robots, collaborative robots, and humanoid robots, leveraging core technologies in control, servo, and vision [2] - Tosstar has created a commercial closed loop of "scene + robot + data + AI," steadily expanding from single injection scenarios to multiple industrial and commercial scenarios [2] Group 2: Market Presence - The company has reached over 200,000 customers and served more than 15,000 enterprises, including industry leaders like BYD Optical, Luxshare Precision, Foxconn, CATL, Samsung, and Corning [4] - Its business spans multiple core application scenarios, including home appliances, automotive parts, consumer electronics, plastic products, daily chemicals, and packaging, indicating a solid market foundation [4] Group 3: Financial Performance - The company has faced performance volatility in recent years, with projected revenues of 4.553 billion yuan and 2.872 billion yuan for 2023 and 2024, respectively, representing a 36.9% year-on-year decline in 2024 [4] - Profits for the same years are expected to be 106 million yuan and -239 million yuan, indicating pressure on profitability [4] - For the first nine months of 2025, revenue was 1.688 billion yuan, a 24.5% decrease from 2.235 billion yuan in the same period last year, but the company achieved a profit of 47.29 million yuan, showing signs of recovery [4] - As of September 30, 2025, the company held 780 million yuan in cash and cash equivalents, providing a financial buffer for future business development [4] Group 4: Regulatory Compliance - Prior to the IPO, the company received a warning letter from the Guangdong Securities Regulatory Bureau regarding issues such as inaccurate revenue and cost accounting, improper provision for bad debts, and non-compliance in the use of raised funds [4] - The company has completed the required rectifications to clear compliance obstacles for capital market operations [4] Group 5: Research and Development - The company emphasizes technological research and development, with R&D expenditures of 138 million yuan, 85 million yuan, and 85 million yuan for 2023, 2024, and the first nine months of 2025, respectively [5] - Continuous R&D investment supports core technology iteration and product innovation [5]

本员工持股计划股票来源为公司回购专用证券账户回购的公司 人民币普通股（A 股）股票。 公司于 2022 年 2 月 18 日召开第三届董事会第十四次会议，审 议通过了《关于回购公司股份方案的议案》，公司拟使用自有资金 回购股票用于员工持股计划或股权激励，回购资金总额不低于人民 1 证券代码：300607 证券简称：拓斯达 公告编号：2026-006 广东拓斯达科技股份有限公司 关于 2025 年员工持股计划非交易过户完成的公告 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。 广东拓斯达科技股份有限公司（以下简称"公司"）于 2025 年 12 月 5 日召开了第四届董事会第二十八次会议，于 2025 年 12 月 24 日召开了 2025 年第五次临时股东会，审议通过了《关于<广东拓斯 达科技股份有限公司 2025 年员工持股计划（草案）>及其摘要的议 案》等相关议案。具体内容详见公司于 2025 年 12 月 9 日和 2025 年 12 月 24 日在巨潮资讯网（www.cninfo.com.cn）披露的相关公告。 根据《关于上市公司实施员工持股计划试点的 ...