#China #Shanghai #Qiming Venture Partners #Hospitality Robots #Yunji Technology

Yunji Technology's Successful IPO: A Leap Toward Hospitality Innovation

On October 16, 2025, Yunji Technology made headlines as it triumphantly listed on the Hong Kong Stock Exchange (HKEX), marking a significant milestone in its journey through the realm of hospitality robotics. This event wasn't just another IPO; it signified the market's growing recognition of the commercial value of robotic services within the hospitality sector. Offering its shares at an initial price of HK$95.6, the company opened at HK$142.8, quickly garnering a market capitalization of around HK$9.81 billion.

Founded in 2014 and backed by Qiming Venture Partners, Yunji Technology has established itself as a global leader in the development of hospitality robotic-based AI agents. These robots are meticulously designed to enhance user experiences by integrating artificial intelligence technologies that facilitate human-centric, automated interactions. Thanks to their adaptability, Yunji's robots can function seamlessly in hotels, hospitals, factories, and various other environments, offering a scalable solution to meet diverse operational needs.

The impressive statistics demonstrating Yunji Technology's market presence include a deployment of robotic service agents in over 34,000 hotels worldwide, with operational peaks reaching approximately 36,000 units per day. These robots have conducted around 500 million service interactions annually, making them the preferred choice for major hotel chains aiming for intelligent upgrades. As a result, Yunji Technology has achieved the title of No. 1 player in China’s hotel robotics market, outpacing several competitors combined.

Tao Zhi, the Founder and Chairwoman of Yunji Technology, expressed her enthusiasm regarding the IPO, stating, "This IPO is a strong validation from the market of the commercial value of service robots." She emphasized the company’s commitment to strengthening their R&D capabilities while also expanding into new commercial verticals. Yunji aims to enhance its integration of robotics within various industry-specific applications, ultimately delivering intelligent services worldwide.

Qiming Venture Partners, which led Yunji's Series C funding round in 2021, acknowledged the company’s success. Alex Zhou, the Managing Partner at Qiming, shared excitement about witnessing a company that bridges technology with real-world applications, further enhancing customer experiences in the hospitality sector. He expressed confidence that with this IPO, Yunji Technology would accelerate its global expansion, capitalizing on emerging technologies.

In summary, Yunji Technology's successful debut on the Hong Kong Stock Exchange not only underscores the growing market for AI-driven hospitality solutions but also positions the company for further growth and innovation. By focusing on user experience and adaptability, Yunji Technology is set on a path of expansive growth, ready to redefine service interactions across the globe. The future looks promising for both the company and the robotic solutions it offers, as the integration of robotics and AI continues to evolve in the hospitality industry.