On September 9, MECH-MIND ROBOT rose 5.72% in regular trading, trading at 83.2 HKD/share, with turnover of approximately 6.02 million HKD. The stock extended its rebound after suffering four consecutive sessions of decline since its September 1 IPO.

MECH-MIND ROBOT listed on the Hong Kong Stock Exchange at an offer price of 101.70 HKD per share, attracting approximately 3,835 times oversubscription in its public offering. However, shares fell for four straight trading days post-debut, accumulating a decline exceeding 20% and touching an intraday low of 75.4 HKD, erasing nearly 2.9 billion HKD in market capitalization. The current rebound follows this steep post-IPO selloff.

Despite strong revenue growth — a 46.6% compound annual growth rate from 2023 to 2025 reaching 389 million RMB, with gross margins improving from 39.1% to 64.6% — the company remains in a loss-making phase, with cumulative net losses exceeding 1 billion RMB over three years. Investor caution around the path to profitability has weighed on sentiment since listing.

MECH-MIND ROBOT was founded in 2016 by a Tsinghua University returnee team, specializing in embodied intelligent robotics. The company develops 3D vision, AI-powered robotic brains, and dexterous hands, with products deployed across automotive, new energy, consumer electronics, and logistics industries.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)