Shares of EXCELLAND ROBOT surged more than 30% in late trading, hitting a new intraday high of HK$48.

On September 9, EXCELLAND ROBOT successfully listed on the main board of the Hong Kong Stock Exchange, becoming the city's first "AI-conscious robot stock." According to Frost & Sullivan, the company is one of the few globally that has commercialized integrated robot products for both indoor and outdoor operations. From hotel corridors to private dining rooms, and from industrial parks to outdoor cleaning, its multiple product lines form a comprehensive, all-scenario network.

Notably, the company's public offering was met with overwhelming market demand, with the retail tranche oversubscribed 140.02 times. The offering successfully attracted SenseTime Group and an institution affiliated with 58.com as cornerstone investors, reflecting strong capital market recognition of the company's track value and growth potential.

In 2025, EXCELLAND ROBOT generated revenue of RMB 318 million, with robot product sales contributing approximately RMB 135 million (42.5%) and AI visual model solutions contributing around RMB 119 million (37.5%). Overall, more than half of its revenue now comes from sources other than direct robot sales, including AI vision projects, robot operations, and equipment leasing.

The RaaS (Robot-as-a-Service) business stands out as the biggest highlight. From 2023 to 2025, RaaS revenue grew from RMB 9.38 million to RMB 49.88 million, representing a 4.3-fold increase.