Key Takeaways
- Yifei Technology (06871.HK) shares opened over 79 percent higher on their first day of trading.
- The debut gave the company a market capitalization of HK$133.8 billion.
- Proceeds will fund R&D, production expansion, and overseas growth.
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Yifei Technology stock soars over 79% in Hong Kong debut
Yifei Technology (06871.HK) shares surged more than 79 percent in their Hong Kong debut, giving the industrial robotics company a market capitalization of HK$133.8 billion on its first day of trading May 18.
The company, which bills itself as the “first HK-listed light industry robot stock,” is the fourth-largest supplier of industrial robots for light industry in China as of 2025, according to its financial data.
Yifei Technology’s revenue grew to HK$387 million in 2025 from HK$162 million in 2022, representing a compound annual growth rate of approximately 33.7 percent. This growth rate outpaces the industry average.
The initial public offering marks a new stage for the company and reflects a broader upgrade of China's smart manufacturing industry. The firm launched its first embodied intelligent robot, "Hongjun," in November 2025, signaling a key breakthrough in the sector.
Use of Proceeds
Yifei Technology plans to use the funds raised from the IPO to invest in robot technology research and development, build or optimize its production bases and lines, and develop its overseas business network. A portion of the proceeds is also allocated for strategic investments in upstream and downstream supply chain partners.
Company Profile
The company has established a full-stack product matrix covering the core components of robotics, described as the “brain, eye, hand, and foot.” Its focus on the light industry has allowed it to become one of the few domestic robot companies in China with the capability for large-scale production and deployment.
The successful listing provides a significant capital injection for Yifei Technology as it competes in the growing field of industrial automation and intelligent robotics. The company's performance is a key indicator for investor appetite in China's advanced manufacturing and technology sectors.
The strong debut suggests investor confidence in the company’s growth trajectory and its position within the intelligent manufacturing industry. First-day trading performance will be a key test of institutional demand for specialized technology listings in the Hong Kong market.
This article is for informational purposes only and does not constitute investment advice.
