Core Viewpoint - Cloud Intelligence Technology Company, Yunji (02670.HK), successfully listed on the Hong Kong Stock Exchange on October 16, 2025, marking it as the fourth specialized technology company to list under the new Chapter 18C of the HKEX [4]. Summary by Sections IPO Details - Yunji's global offering consisted of 6.9 million H shares, accounting for 10.04% of the total shares post-IPO, with a share price set at HKD 95.60, raising approximately HKD 660 million, and a net fundraising amount of about HKD 593 million [4]. - The public offering was oversubscribed by 5,657.20 times, while the international offering was oversubscribed by 18.62 times [4]. Shareholder Structure - After the IPO, the shareholder structure shows that Ms. Zhi Tao is the controlling shareholder with a total voting power of 32.86% [5]. - Other notable investors include Tencent, Lenovo Fund, Ctrip, Qiming Venture Partners, Alibaba, Anhui Artificial Intelligence Company, Henan KET, and Lanting Investment [4][5]. Company Overview - Founded in 2014, Yunji is a leading AI-enabled robotics service company, providing robots and kits along with AI digital systems [6]. - According to Frost & Sullivan, Yunji ranked first globally in the robotics service market in 2024, with an average of 27,000 robots online daily and serving 230 million consumers [6]. - In the Chinese market, Yunji holds a 13.9% revenue share in the hotel service robotics sector, also ranking first [6]. Stock Performance - As of the report, Yunji's stock price reached HKD 130.30, reflecting a 36.30% increase, with a total market capitalization of approximately HKD 89.54 billion [7][8]. IPO Underwriters - The IPO was managed by a team including CITIC Securities and Jianyin International as joint sponsors, along with several other financial institutions involved in various capacities [8].