#China #Shanghai #AI Robotics #Qiming Venture Partners #Yunji Technology

Yunji Technology Achieves Major Milestone with Hong Kong Stock Exchange Listing

On October 16th, 2025, Yunji Technology, a preeminent player in the hospitality robotics sector, celebrated its debut on the Hong Kong Stock Exchange (SEHK2670). The company, partially backed by Qiming Venture Partners, opened its shares at HK$142.8 after an initial issue price of HK$95.6, resulting in a market capitalization of around HK$9.81 billion.

Founded in 2014, Yunji Technology specializes in developing and deploying robotic solutions powered by artificial intelligence (AI) tailored for the hospitality industry. Their innovative offerings encompass fully automated systems that enhance user interactions and improve efficiency, thanks to the technology's ability to learn and adapt continually.

Over the years, Yunji Technology has made substantial inroads in the market, boasting deployments in more than 34,000 hotels globally. This year alone, their robots reached an operational peak of 36,000 units in a single day, contributing to nearly 500 million service interactions annually. With such impressive figures, Mukji has carved its niche, becoming the foremost provider of robotic solutions in the Chinese hotel sector, outpacing competitors significantly.

The significance of this IPO is best articulated by Yunji’s Founder, Chairwoman, and President Tao Zhi. She stated, "This IPO is strong validation from the market of the commercial value of service robots, and it marks a critical milestone in our journey toward scaled deployment of hospitality robotic-based AI agents." Zhi emphasized the company's commitment to expanding its capabilities while integrating deeper AI functionalities into its services.

In a nod to their future direction, Zhi added, "Going forward, we'll continue strengthening our full-stack R&D capabilities in both brains and limbs, deepening our leadership in the hotel sector while expanding into new commercial verticals." The strategy highlights Yunji's drive to attract top-tier talent and maximize the integration of robotics in various industry segments.

Qiming Venture Partners, which led Yunji’s Series C funding round in 2021, expressed its unwavering support for the company's vision. Managing Partner Alex Zhou remarked, "In 2021, Qiming recognized the maturation of indoor autonomous technology and made strategic investments in high-demand markets such as the hotel sector. We have witnessed Yunji Technology effectively bridge technology and real-world applications. With this IPO, Yunji is well-positioned to accelerate its expansion into global markets, while emerging technologies like embodied AI are expected to open new application opportunities."

The backing of Qiming, a prestigious firm established in 2006, has endowed Yunji Technology with the necessary resources to thrive. The firm has invested in a plethora of successful ventures, and Yunji is poised to follow suit, leveraging unique technologies to continue its expansive growth trajectory.

Both Yunji Technology and Qiming Venture Partners stand at the helm of significant changes within the hospitality sector. As the world strives toward more integrated and intelligent solutions, the successful public listing of Yunji marks not only a personal achievement but also a broader trend towards automation in service industries globally. Their achievements underscore the growing reliance on AI technologies, providing promising prospects for future innovations and advancements in hospitality services.

As Yunji Technology forges ahead, it reinforces the importance of innovative approaches in adapting to the increasingly digital landscape of the hospitality industry. The implications of their success extend beyond mere financial metrics and into the realm of reshaping how services are delivered, making this IPO a pivotal chapter in the increasingly connected world of AI and customer service.