New Stock News | Estun ( 002747.SZ ) Passes HKEX Hearing, Maintains Number One Position in China Domestic Industrial Robot Shipments for Consecutive Years

The Zhitong Finance APP has learned that according to the Hong Kong Stock Exchange disclosure on February 23, Nanjing Estun Automation Co., Ltd. (Ticker: Estun, 002747.SZ) has completed a listing hearing on the Main Board of the Hong Kong Stock Exchange, with Huatai International serving as its sole sponsor. According to Frost & Sullivan, Estun has maintained the top position in domestic industrial robot shipments in China’s industrial robot solutions market for consecutive years.

The prospectus shows that Estun is a leading enterprise in China’s industrial robotics industry, mainly engaged in the research and development, manufacturing, and sales of industrial robots, intelligent manufacturing systems, industrial robot workstations, as well as core automation components, motion control systems, and motion control solutions. The company’s products range from core automation components and motion control systems to complete robot bodies and full solutions.

According to Frost & Sullivan, Estun achieved a historic breakthrough in the first half of 2025, surpassing foreign brands in domestic industrial robot shipments and becoming the first domestically-made robot company to top China’s industrial robot solutions market. By revenue, the company also ranks among the top industrial robot companies, and based on 2024 revenue, it ranks sixth among all manufacturers in the global and Chinese markets, with market shares of 1.7% and 2.0%, respectively.

The company’s industrial robots and intelligent manufacturing systems provide automation solutions that significantly enhance productivity, safety, and reliability in industrial environments. Its industrial robot product portfolio includes both general-purpose and specialized robots capable of independently and precisely performing repetitive, physically demanding, or hazardous tasks. Additionally, the company offers industrial robot workstations, which are robot-centered production units equipped with controllers and other supporting equipment to efficiently execute specific manufacturing steps such as welding, machining, or assembly. Besides standalone robots and workstations, the company’s intelligent manufacturing systems integrate self-developed robots and core components with peripheral and supporting equipment into complete solutions. These systems connect multiple processes—from machining and assembly to testing and packaging—forming streamlined workflows that minimize human intervention and enable large-scale continuous output from raw materials to finished products.

The company’s core automation components and motion control systems form the backbone of intelligent manufacturing, covering motion control systems, servo systems, and motion control solutions. Motion control systems act as the “brain and nerves” of industrial equipment, capable of precisely coordinating complex movements in industries such as electronics, semiconductors, and packaging. Servo systems serve as the “muscles” of machinery, ensuring fast, accurate, and stable movements across applications from precision machining to automotive and metal manufacturing. The company’s motion control solutions integrate its motion control systems, servo systems, electro-hydraulic systems, and industry-specific software into comprehensive, tailored solutions for specific industries, equipment, and application scenarios.

Estun has established a competitive advantage through strategic global acquisitions,自主研发的核心技术, forming a multi-brand matrix synergy, full application scenario coverage, and global market penetration. As of September 30, 2025, the company operates 75 service outlets worldwide and manages seven manufacturing bases in major domestic and international markets, with localized teams efficiently responding to customer needs. Through its global layout, it provides consistent quality assurance and cost efficiency. The company’s products and services are deployed across a global customer network.

In terms of financials, for the years 2022, 2023, 2024, and the nine months ending September 30, 2025, the company achieved revenues of approximately 3.881 billion yuan, 4.652 billion yuan, 4.009 billion yuan, and 3.804 billion yuan, respectively; during the same periods, net profits were approximately 184 million yuan, 134 million yuan, -818 million yuan, and 29.7 million yuan.