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Geekplus Achieves Landmark IPO on Hong Kong Stock Exchange

On July 21, 2025, Geekplus, the world's foremost warehouse robotics provider, marked a historic milestone by successfully listing on the Hong Kong Stock Exchange (HKEX) under the ticker symbol 2590.HK. This announcement not only highlights the rapid advancements in logistics technology but also positions Geekplus as the first company globally to go public within the autonomous mobile robots (AMR) sector. The company's initial public offering (IPO) has been hailed as the largest H-share listing by a robotics firm to date and the biggest technology IPO outside of the A+H framework in Hong Kong this year.

The excitement surrounding this offering was palpable, with a staggering oversubscription rate of 133.62 times in Hong Kong and 30.17 times for the international portion, securing its position among the top three Hong Kong listings of the year based on international coverage multiples. This resounding response even established a record for the technology sector in Hong Kong, attracting substantial investments from sovereign wealth funds, prominent long-term international funds, specialized tech-focused funds, and hedge funds.

Geekplus's CEO, Yong Zheng, who founded the company with a vision of revolutionizing supply chain efficiency through robotic intelligence, expressed his enthusiasm for this new chapter. He stated, “Our listing on the international financial markets is a fresh start that enables us to leverage our dual engines of capital and technology. We are committed to seizing the vast market opportunities presented by the rapidly growing industry driven by technological innovation.”

The company's vision is not just about immediate success; it aims to establish robotics as a fundamental engine of a smarter, more efficient, and greener future.

According to the latest data from CIC, Geekplus has excelled in the AMR solutions market for six consecutive years, proving to be the largest global provider for warehouse applications. The company boasts the most extensive range of solutions in the industry, serving a client base of over 800 globally recognized enterprises across more than 40 countries and regions. Notably, Geekplus has made substantial impacts in various sectors, including third-party logistics (3PL), retail, and e-commerce.

This landmark IPO is more than a financial transaction; it symbolizes a commitment to innovation, strategic growth, and the transformative power of robotics in logistics. As Geekplus continues to expand its footprint, it remains dedicated to pioneering smarter solutions that enhance efficiency, sustainability, and global supply chain management. With a robust technological foundation and a clear vision, the future looks bright for Geekplus as they aim to lead the charge in the next era of intelligent logistics.

As the industry looks on, stakeholders in technology, finance, and logistics will keenly observe how Geekplus leverages this newfound capital to propel innovation and market expansion. The company stands on the precipice of transformative change, poised to make significant contributions to the world while fundamentally altering the landscape of logistics through intelligent robotics.