Core Viewpoint - Woan Robotics (Shenzhen) Co., Ltd. has successfully listed on the Hong Kong Stock Exchange, with an opening price of HKD 73.8 and a closing price of HKD 73.85, reflecting a slight increase of 0.07% on its first trading day [1]. Group 1: Share Issuance and Financial Details - The total number of shares issued by Woan Robotics is 22,222,300, with 2,222,300 shares allocated for public offering and 20,000,000 shares for international offering [2]. - The final offering price was set at HKD 73.8, resulting in total proceeds of HKD 1,640.01 million. After deducting estimated listing fees of HKD 96.12 million, the net proceeds amount to HKD 1,543.89 million [3][4]. - The funds raised will be utilized to enhance the company's R&D capabilities, expand sales channels, repay part of the bank loans, and for general operational purposes [4]. Group 2: Key Investors and Shareholding Structure - The cornerstone investors for Woan Robotics include HACF, L.P., Cithara Global Multi-Strategy SPC, Infini Global Master Fund, and several others, collectively holding 4.27% of the shares [5][6]. Group 3: Financial Performance and Projections - Woan Robotics reported revenues of RMB 274.6 million, RMB 457.3 million, and RMB 609.9 million for the years 2022, 2023, and 2024 respectively, with a projected revenue of RMB 396.3 million for the first half of 2025 [6][8]. - The company has incurred losses of RMB 87.0 million, RMB 16.4 million, and RMB 3.1 million for the years 2022, 2023, and 2024, with a profit of RMB 27.9 million expected in the first half of 2025 [6][8]. - The company anticipates a net loss for the fiscal year ending December 31, 2025, which may continue or worsen thereafter [7].