Core Viewpoint - Cloudwalk Technology (02670) has successfully listed its shares at a price of HKD 95.60, raising approximately HKD 593 million, with a significant initial trading increase of 49.37% to HKD 142.8 [1] Company Summary - Cloudwalk is a leading AI-enabled robotics service technology company, providing robots and functional suites along with AI digital systems [1] - The company offers adaptable and scalable products and services that interact with the real world and optimize decision-making through AI [1] Industry Summary - Cloudwalk holds a leading position in China's robotics service intelligent body market, with a projected market size of RMB 3.7 billion in 2024 [1] - The company commands a 6.3% share of domestic revenue in this market, ranking first [1] - The robotics service intelligent body market in China is expected to grow to RMB 13.5 billion by 2029, with a compound annual growth rate (CAGR) of 29.3% from 2024 to 2029, driven by advancements in AI technology, increasing multifunctionality and scalability of robotic services, growing demand for high-quality and efficient services, and supportive government policies [1]