On August 18, sources with inside knowledge disclosed that LimX Dynamics, a robotics company with investment from Alibaba, has confidentially filed for an initial public offering (IPO) in Hong Kong. The company aims to raise several hundred million US dollars through this move. Earlier, in July, LimX Dynamics successfully secured a pre-IPO funding round of 200 million US dollars, propelling its post-investment valuation to 1.5 billion yuan (approximately 2.2 billion US dollars).