Direct Drive Tech Limited (Ticker: 6731 HK) is a Chinese robotics and precision motion-control company developing and manufacturing direct-drive motors, power modules and robotic systems.

The company plans to list on the Hong Kong Stock Exchange on September 29, 2026, offering 50.00 million primary shares at HKD 21.60 per share and raising approximately HKD 1.1 billion (approximately $138 million). The offering implies a market capitalization of approximately $1.0 billion.

Direct Drive Tech’s product portfolio includes direct-drive robotic platforms such as D1, TITA and DIABLO, as well as related motion-control technologies and robot middleware, with applications including inspection, delivery and other mobile-robotics use cases. The offering includes a 15% greenshoe facility covering 7.50 million additional shares. CLSA, CMB International Capital, China Harbour International Securities, Futu Securities International (Hong Kong) and Neutral Financial Holding are managers of the offering.