Ldrobot (Ticker: 1236 HK) is a Chinese company specializing in intelligent robot visual perception technology, LiDAR products, and complete robotic systems such as robot lawn mowers. Structured as an H-share entity, Ldrobot plans to list on the HKEX on May 11, 2026, planning to offer 33,333,400 shares at a price range of HKD 24.00 to HKD 30.00. This offering will raise between HKD 800.0 million and HKD 1.0 billion (approximately USD 102.6 million to USD 128.2 million).

At this proposed price range, the company's valuation will reach a market capitalization of HKD 8.0 billion to HKD 10.0 billion (roughly USD 1 billion to USD 1.3 billion). According to the prospectus, Ldrobot plans to use the IPO proceeds for research and development, product capacity expansion, brand promotion, business development, working capital, and potential strategic acquisitions.

The company reportedly supplies technology to several of the world's top household and commercial service robot manufacturers. Haitong International Capital Limited and Guotai Junan Capital Limited are serving as the joint sponsors for the IPO, supported by a syndicate of underwriters including China International Capital Corporation and Futu Securities International.