Zhejiang Yifei Intelligent Technology Co., Ltd. has successfully navigated the hearing process at the Hong Kong Stock Exchange and is now positioned to claim the title of the 'pioneer stock of full-service robots in the light industry sector'. Established in 2012, the company has carved out a niche for itself in the design and research and development (R&D) of industrial robots, offering holistic solutions tailored to light industry applications. It prides itself on a broad array of products and proprietary core technologies, with ambitions to unveil its inaugural wheeled-legged humanoid robot in 2025. Based on projected revenue figures for 2025, Yifei Technology has ascended to the fourth spot among industrial robot suppliers specializing in the light industry, marking a notable advancement from its standing in 2024. The company's product range spans across various industries, with a client base predominantly composed of renowned enterprises, and it is actively pursuing global expansion. Over the period from 2023 to 2025, the company achieved a compound annual revenue growth rate of 38.8%. By February 28, 2026, the total value of its current client contracts had surpassed RMB 464 million, and the compound annual growth rate of revenue derived from robot bodies exceeded 118%. Yifei Technology has successfully secured multiple rounds of financing, and the proceeds from its initial public offering (IPO) will be predominantly allocated towards technology development, capacity enhancement, and other strategic areas.
