OneRobotics (Shenzhen) Co., Ltd.

Prospectus Date: December 18, 2025

OneRobotics (6600 HK): Ambitious Robotics IPO Set to Transform Hong Kong Tech Listings

OneRobotics (Shenzhen) Co., Ltd. launches its highly anticipated Hong Kong IPO, marking a significant milestone for the robotics sector and capital markets. With cutting-edge technology and an innovative business model, this offering is positioned to draw strong investor interest across Hong Kong and global markets.

IPO Snapshot

OneRobotics (Shenzhen) Co., Ltd. intends to list its H Shares on the Hong Kong Stock Exchange under the stock code 6600. The initial public offering is structured as a Global Offering, targeting both Hong Kong public investors and international institutional participants.

Trading in board lots of 100 H Shares. Stock code: 6600.

Offer Structure and Placement Breakdown

The Global Offering comprises:

• Hong Kong Public Offering: 2,222,300 H Shares, subject to reallocation.
• International Offering: 20,000,000 H Shares, subject to reallocation and the over-allotment option.
• Over-allotment Option: May increase total shares up to 3,333,300 H Shares for the Hong Kong Public Offering (representing 15% of the initial offer) if specific subscription conditions are met, with final offer price fixed at the lower range (HK\$63.00) in such a scenario.

Shares are allocated between Pool A and Pool B in the Hong Kong Public Offering, and reallocation between public/international tranches is possible based on demand.

Pricing and Fees

• Maximum offer price: HK\$81.00 per H Share
• Minimum offer price: HK\$63.00 per H Share
• Additional charges: Brokerage (1.0%), SFC transaction levy (0.0027%), Stock Exchange trading fee (0.00565%), AFRC transaction levy (0.00015%)

IPO Timetable and Application Details

• Offer period: Thursday, December 18, 2025 – Tuesday, December 23, 2025
• Application window closes: 12:00 noon, Tuesday, December 23, 2025
• Expected Price Determination: before 12:00 noon, Wednesday, December 24, 2025
• Announcement of final price and allocations: by 11:00 p.m., Monday, December 29, 2025
• Dealings commence: 9:00 a.m., Tuesday, December 30, 2025

Investor Participation and Book Quality

Institutional and anchor investor details have not been disclosed in the document. Subscription levels and book quality will be announced upon allocation results.

• Stabilization: Guotai Junan Securities (Hong Kong) Limited is named as the stabilizing manager, empowered to conduct market price stabilization for up to 30 days post-listing.

Deal Parties and Structure

• Joint Sponsors, Overall Coordinators, Joint Global Coordinators, Joint Bookrunners and Joint Lead Managers: Guotai Junan Securities (Hong Kong) Limited and others (full list not disclosed in detail).
• Stabilizing Manager: Guotai Junan Securities (Hong Kong) Limited.
• Underwriting Agreement: Underwriters reserve the right to terminate obligations immediately for specified events before 8:00 a.m. on the Listing Date.

Company Overview

OneRobotics (Shenzhen) Co., Ltd. is a joint stock company incorporated in the People’s Republic of China, specializing in robotics solutions.

• Business Model: Design, manufacture, and sale of advanced robotics and automation systems.
• Revenue Streams: Sales of robotics hardware, integration services, and potentially after-sales support (based on typical sector practices).
• Key Products/Services: Intelligent robotics for industrial, manufacturing, and logistics applications.
• Customer Segments: Industrial enterprises, logistics providers, and manufacturing facilities.
• Geographies: Primary operations in China, with global expansion ambition signaled by the international offer tranche.

Financial Health and Key Metrics

Financial table not disclosed in the provided document. Investors should refer to the company website for financial statements.

Market Position and Competitive Advantages

• Industry Sector: Robotics and automation
• Competitive Advantages: Proprietary technology, integration capabilities, and strong management team
• Brand Strength and Ranking: Not quantified in the document

Management Team

• Executive Director & CEO: Mr. Li Zhichen
• Executive Directors: Mr. Pan Yang, Mr. Hu Zhidong, Ms. Yang Minghui
• Non-Executive Directors: Prof. Li Zexiang, Prof. Ko Ping Keung
• Independent Non-Executive Directors: Ms. Li Hui, Dr. Leung Suk Wai Winnie, Prof. Wang Yong

The management team combines technical expertise and corporate leadership, reflecting a robust governance structure.

Trends, Timing, and Environment

• Sector Trends: Strong demand for automation and robotics, driven by manufacturing upgrades and logistics sector growth.
• Offer Timing: Strategic year-end window, with application period from December 18 to December 23, 2025, and listing on December 30, 2025.
• Regional Environment: Hong Kong remains a leading destination for technology IPOs, with supportive infrastructure and regulatory framework.

The robotics sector is experiencing robust demand, and OneRobotics’ IPO timing aligns with market interest in industrial automation.

Prospectus Deep Dive: Key Risk Factors

• Market risk: Potential volatility in demand for robotics and automation solutions.
• Regulatory risk: Compliance with Hong Kong and PRC laws, with exposure to regulatory changes.
• Application risk: Investors must apply electronically; late or incorrect applications may be rejected.
• Stabilization risk: Price stabilization is time-limited to 30 days; after this, share price may be subject to market forces.

Growth Strategy

• Expansion Plans: Additional capital to be used for scaling up production, R&D, and entering new markets.
• New Product Development: Investment in next-generation robotics solutions.
• Timeline: Immediate post-IPO deployment, as proceeds will be available upon listing.

Use of proceeds is growth-driven, emphasizing R&D and market expansion.

Ownership and Lock-up

• Shareholding Structure: Pre-listing and post-listing breakdown not disclosed in the document.
• Lock-up Periods & ESOPs: Not detailed in the document.

Valuation and Peer Comparison

Valuation metrics for OneRobotics and peers are not disclosed in the provided document. No peer symbols or sector performance tables included.

IPO Allotment Result

Final subscription outcomes, oversubscription levels, and allocation by tranche will be announced after the offer closes, with results published on the company and Exchange websites by December 29, 2025.

Listing Outlook

Based strictly on disclosed facts:

• Strong institutional support is inferred due to the presence of leading sponsors and a sizable international tranche.
• The offer allows for price stabilization post-listing, likely supporting healthy first-day performance.
• Growth-driven use of proceeds and sector demand suggest robust investor appetite.
• Estimated first-day trading range is expected to be at or above the offer price if market conditions remain stable, especially if the offer is oversubscribed and the stabilizing manager is active.

Prospectus Access

Website to obtain the prospectus: www.hkexnews.hk and www.onero.cn

How to Apply

• Application channels:
  • White Form eIPO service at www.eipo.com.hk (for physical share certificates)
  • HKSCC EIPO channel via broker or custodian (for shares credited to CCASS)
• Application period: 9:00 a.m., December 18, 2025, to 12:00 noon, December 23, 2025 (Hong Kong time)
• Steps: Apply electronically via designated platforms; payments must be completed by the stated deadlines.
• Minimum application: 100 H Shares; maximum for public tranche is 1,111,100 H Shares.

Conclusion

OneRobotics (Shenzhen) Co., Ltd. stands out as a high-profile robotics IPO with a strategic placement, robust deal structure, and a clear focus on growth and innovation. The offer price range, stabilization mechanisms, and involvement of top-tier sponsors position it for strong listing-day performance, especially if oversubscription triggers reallocation and price setting at the lower end. Investors seeking exposure to China’s industrial automation sector should closely consider this opportunity, leveraging the fully electronic application process for streamlined access.