埃斯顿有望成为马年首家境外上市宁企

Core Viewpoint - Estun Automation Co., Ltd. is set to become the first company from Nanjing to list overseas in 2023 after passing the Hong Kong Stock Exchange hearing, indicating a significant milestone for the company and the local capital market [1][4]. Company Overview - Established in February 2002, Estun specializes in the research, manufacturing, and sales of industrial robots, intelligent manufacturing systems, and core automation components [3]. - The company was listed on the Shenzhen Stock Exchange in March 2015 and has a total market capitalization of 21.148 billion RMB as of February 24, 2026 [3]. Industry Position and Growth - Estun has been a leader in the domestic robot market, achieving a continuous high growth trend and ranking first in the Chinese industrial robot market for eight consecutive years [4]. - The company has seen over 270% growth in the collaborative robot sector, making it one of the fastest-growing brands in this category [4]. - According to recent data, Estun's market share in the Chinese robot market is projected to reach 10.5% by 2025, with a year-on-year shipment growth of 25%, further increasing the domestic market share of industrial robots to over 56% [4]. Financial Performance - Estun's revenue for the years 2022 to 2024 is projected to be 3.881 billion RMB, 4.652 billion RMB, and 4.009 billion RMB, respectively [5]. - In the first three quarters of 2025, the company achieved a revenue of 3.804 billion RMB, reflecting a year-on-year growth of 12.86% [5].