Estun Automation Co Ltd (Ticker: 2715 HK) is a Chinese company focusing on industrial robotics, intelligent manufacturing systems, core automation components, and motion control systems. Estun Automation plans to list on the Hong Kong Stock Exchange on March 9, 2026, planning to offer 96,780,000 shares at a price range of HKD 15.36 to HKD 17.00, raising up to HKD 1.65 billion (approximately USD 210.30 million). Based on this pricing, the expected market capitalization at offer is approximately USD 1.90 billion to USD 2.10 billion.

According to sources, Estun Automation plans to use the IPO proceeds for research and development, enhancing product capacity, brand promotion, business development, working capital, strategic acquisitions, and debt repayment. Reportedly, the company ranked first among domestic manufacturers in China's industrial robotic solutions market by shipment volume for years and surpassed foreign brands within the domestic market in the first half of 2025. Additionally, the firm ranked sixth globally by revenue in 2024. Huatai Financial Holdings (Hong Kong) Limited is acting as the sole sponsor for the offering, supported by a syndicate of global coordinators.