Excelland Robotics (Wuxi) Co. Ltd. (Ticker: 3231 HK) is a Chinese technology company that develops and commercializes commercial service robots, robotic modules and AI vision model solutions. Its products include delivery and cleaning robots, low-speed unmanned vehicles, robot-as-a-service and rental offerings, while its Yoware platform provides AI vision solutions for non-robot industrial applications.

Excelland Robotics plans to list on the Hong Kong Stock Exchange on September 9, 2026 under Chapter 18C of the Listing Rules, meaning that it is listing as a specialist technology company under Hong Kong’s dedicated regime for eligible technology businesses. The company is offering 45.0 million primary shares at an expected price range of HKD 14.45 to HKD 19.55 per share. The IPO is expected to raise approximately HKD 880 million, or approximately $112 million. The offering is being managed by a syndicate including CEB International Capital, CMBC Securities, DL Securities, Get Nice Securities, Guosen Securities HK Brokerage and Harmonia Capital.