Beijing Geekplus Technology Co., Ltd.

Beijing Geekplus Technology, founded in February 2015 by Yong Zheng and three co-founders, sells autonomous mobile robot (AMR) systems for warehouse fulfilment and industrial material handling, covering shelf-to-person, pallet-to-person, tote-to-person, sorting and intralogistics lines, plus the PopPick and SkyCube systems and the HaiQ/RoboShuttle software stack. Interact Analysis has ranked it No. 1 in global AMR market share for six consecutive years. It listed on the HKEX on 9 July 2025 at HK$16.80 per share, raising about HK$2.545 billion net and setting a record as the largest robotics H-share IPO to date; the Hong Kong public offer was 133.62 times oversubscribed. 2025 revenue was RMB 3.17 billion, up 31.6%, with gross margin at 35.5% and adjusted net profit of RMB 43.8 million — its first adjusted profit — while statutory net loss was RMB 10.4 million. In the 2026 interim period revenue was RMB 1.28 billion, up 25.3%, gross profit RMB 460 million at a 35.8% margin, but a RMB 105 million FX loss (versus a RMB 77.4 million FX gain a year earlier) pushed the reported loss to RMB 177 million. New orders signed in the period reached RMB 2.39 billion, up 35.5%. Cumulative robot shipments exceed 81,000 units across more than 40 countries, with 850-plus end customers and a key-account repurchase rate above 80%.

• 01Ranked No. 1 in global AMR market share for six consecutive years by Interact Analysis.
• 02Listed on the HKEX on 9 July 2025 at HK$16.80, netting about HK$2.545bn — the largest robotics H-share IPO to date; public offer 133.62x oversubscribed.
• 032025: revenue RMB 3.17bn (+31.6% YoY), gross margin 35.5%, first adjusted net profit of RMB 43.8m.
• 042026 interim: revenue RMB 1.28bn (+25.3% YoY), new orders RMB 2.39bn (+35.5% YoY), but a RMB 105m FX loss drove the reported loss to RMB 177m.
• 05Cumulative shipments above 81,000 robots; 850-plus end customers in 40-plus countries; key-account repurchase rate above 80%.

1. Jul 9, 2025

   IPO

   HKD 25.45 亿

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