Mech-Mind Robotics set to take orders for $300M IPO on Hong Kong exchange

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Mech-Mind Robotics Technologies, a Beijing-based AI robotics company, received approval from China’s Securities Regulatory Commission on August 7, 2026 and cleared its Hong Kong Stock Exchange listing hearing on August 16, 2026. The firm is targeting approximately $300 million, or HK$2.34 billion, in its Hong Kong IPO, revised upward from an initial $200 million goal. In Q1 2026, the company reported revenue of 106.9 million yuan, a 73.09% year-on-year increase, though it posted a net loss of 56.83 million yuan, down 19.47% year-on-year. Mech-Mind has deployed over 24,000 units across nearly 50 countries, with overseas revenue accounting for 50.3% of total revenue in 2025.

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