On August 31, Mech-Mind Robotics officially launched its global offering of H-shares at an issue price of HK$101.70 per share. The company made its debut on the Main Board of the Hong Kong Stock Exchange on September 1, trading under the stock code 09615. The Hong Kong public offering witnessed an overwhelming response, being oversubscribed by a staggering 3,835.36 times, while the international offering was oversubscribed by 13.39 times. Sequoia China has been a steadfast supporter, participating in four consecutive funding rounds since 2020. Prior to the listing, it held a 13.63% stake, cementing its position as the company's largest institutional shareholder.
