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 ...

Core Viewpoint - The stock of TuoSiDa has experienced fluctuations, with a recent decline of 2.02%, and the company operates in the industrial automation sector, providing solutions and equipment to manufacturing clients [1]. Group 1: Company Overview - TuoSiDa Technology Co., Ltd. is located in Dongguan, Guangdong Province, and was established on June 1, 2007, with its IPO on February 9, 2017 [1]. - The company's main business involves providing comprehensive industrial automation solutions and related equipment to downstream manufacturing clients [1]. - The revenue composition includes: Smart Energy and Environmental Management Systems (31.50%), Industrial Robots and Automation Application Systems (29.39%), Injection Molding Machines and Supporting Equipment (21.05%), CNC Machine Tools (15.07%), and Others (3.00%) [1]. Group 2: Financial Performance - For the period from January to September 2025, TuoSiDa achieved a revenue of 1.688 billion yuan, a year-on-year decrease of 24.49%, while the net profit attributable to shareholders was 49.3365 million yuan, a year-on-year increase of 446.75% [2]. - Since its A-share listing, TuoSiDa has distributed a total of 284 million yuan in dividends, with 48.1781 million yuan distributed over the past three years [3]. Group 3: Shareholder Information - As of September 30, 2025, TuoSiDa had 71,600 shareholders, a decrease of 17.93% from the previous period, with an average of 4,638 circulating shares per person, an increase of 21.85% [2]. - The top shareholders include various ETFs focused on robotics, with significant increases in holdings for several funds, indicating growing institutional interest [3].

Group 1 - The core viewpoint of the news is that Tuosda has submitted its IPO prospectus to the Hong Kong Stock Exchange, marking a significant step towards its public listing [1] - According to Frost & Sullivan, Tuosda ranks first in the domestic industrial robot solutions market based on the shipment volume of light-load industrial robots and light industrial robots as of the end of 2024 [1] - The company has developed a comprehensive autonomous layout in core components, robot bodies, and automation application systems, which has contributed to its leading position in the market [1] Group 2 - Tuosda is building a commercial closed loop based on the logic of "scenario + robot + data + AI" [2] - The market size for domestic industrial robot solutions is expected to reach 159.3 billion yuan by 2029, with a compound annual growth rate (CAGR) of 14.4% from 2024 to 2029 [2] - The global market for embodied intelligent robots is projected to grow from 104.3 billion yuan in 2025 to 707.5 billion yuan by 2030, with a CAGR of 46.7% [2] Group 3 - The domestic market for embodied intelligent robots is expected to reach 268.8 billion yuan by 2030, accounting for 38.0% of the global market, with a CAGR of 48.7% [2] - Tuosda is actively pursuing a globalization strategy, with its overseas sales network covering over 50 countries and regions by the third quarter of 2025 [2] - The revenue from overseas sales has increased from 11.0% to 25.0% of the company's total revenue [2]

Group 1: Market Activity - A total of 26 companies submitted applications to the Hong Kong Stock Exchange last week, marking a recent high in submissions [2] - Among the 26 companies, 3 passed the hearing, and 1 company is currently in the process of an IPO [10][12] Group 2: Industry Highlights - The semiconductor and computing sectors are particularly active, with companies like Weizhao Semiconductor and Placo Electronics submitting applications [2] - Weizhao Semiconductor reported a revenue of 615 million yuan and a profit of 40.25 million yuan for the first nine months of 2025 [2] - Placo Electronics achieved a revenue of 751 million yuan and a profit of 76.11 million yuan for the same period [2] Group 3: Robotics Sector - Several robotics companies, including Yifei Intelligent and Estun, are also pursuing listings [3] - Estun is ranked first in the industrial robotics sector by revenue, with a market share of 1.7% globally [3] - TuoStar is recognized as a leader in the domestic industrial robotics market, with a revenue of 1.688 billion yuan and a net profit of 47 million yuan for the first nine months of 2025 [3] Group 4: Biopharmaceutical Sector - Multiple biopharmaceutical companies are applying for listings, including Zeling Bio and Exegenesis Bio Inc. [4][5] - Zeling Bio reported a loss of 1.19 million yuan for the first nine months of 2025, while Exegenesis Bio has not yet received regulatory approval for its products [5][6] - Shanghai Shengsheng achieved a revenue of 538 million yuan and a net profit of 11.3 million yuan for the same period [4] Group 5: Food and Beverage Sector - The food and beverage sector is seeing significant activity, with companies like Yuanji Food and Qian Dama submitting applications [7] - Yuanji Food reported an adjusted net profit of 192 million yuan for the first nine months of 2025, a 31% increase year-on-year [7] - Qian Dama achieved a GMV of 14.8 billion yuan in 2024, maintaining its position as the top player in the community fresh product retail chain industry [7] Group 6: New Listings - Four new stocks were listed last week, with all experiencing price increases on their first trading day [13] - The stock of Howie Group, a global leader in CMOS image sensors, rose by 16.22% on its debut [13] - Zhaoyi Innovation, a storage chip leader, saw its stock price increase by 38.27% on its first day of trading [13]

据公告内容显示，此次刊发的申请资料是拓斯达根据香港证券及期货事务监察委员会及香港联交所的严格要求精心编制的草拟本。该 资料详细阐述了公司的业务状况、财务表现及未来发展规划，但需注意的是，其中所载信息可能会根据实际情况适时进行更新与修 订，以确保信息的准确性和时效性。 近日，工业自动化领域的佼佼者拓斯达（股票代码：300607）正式对外宣布，公司已于2026年1月16日向香港联合交易所有限公司（以 下简称"香港联交所"）递交了发行H股股票并在其主板挂牌上市的申请材料。与此同时，该申请的草拟版本资料也已在香港联交所官方 网站同步刊发，标志着拓斯达在国际化道路上迈出了坚实的一步。 面对这一挑战与机遇并存的新征程，拓斯达表示将密切关注相关进展，严格按照相关法律法规及监管要求履行信息披露义务，确保所 有投资者能够及时、准确地了解公司的最新动态。同时，公司也提醒广大投资者注意相关投资风险，理性投资，共同分享公司成长带 来的红利。 拓斯达此次递交H股上市申请，不仅是对公司自身实力的一次全面展示，更是其迈向国际化、实现跨越式发展的重要里程碑。未来，拓 斯达将继续秉承创新、务实、高效的企业精神，不断提升核心竞争力，为全球工业自 ...