China's Largest Industrial Embodied AI Robot Provider Micro Intelligence Launches Hong Kong IPO

Micro Intelligence (03275.HK) launched its Hong Kong public offering today, becoming the first industrial embodied intelligence company to list in Hong Kong. The company plans to issue 37.2758 million H shares globally, of which 3.7276 million shares (10%) are offered in Hong Kong and 33.5482 million shares (90%) are offered internationally. The offering period runs from October 20 to October 23, with pricing expected on October 26 and listing on October 28.

The offer price ranges from HK$16.63 to HK$21.46 per share, with a board lot of 100 shares and an entry fee of approximately HK$2,167.64. The company intends to use the net proceeds for research and development, market expansion, and general working capital to further consolidate its leading position in the industrial embodied intelligent robot (EIIR) sector. The proceeds will support the company's efforts to capitalize on the growing demand for intelligent manufacturing solutions.

Micro Intelligence positions itself as China's largest industrial embodied intelligent robot provider. Based on 2025 revenue, the company holds a 20.0% market share in China's EIIR market, ranking first in the industry. EIIR combines artificial intelligence with robotics to enhance automation and intelligence in manufacturing, representing a key direction for smart manufacturing. The IPO is seen as a milestone for the industrial embodied AI sector, highlighting the increasing convergence of AI and robotics.