Zhejiang Galaxis Technology Group

Zhejiang Galaxis Technology Group (Ticker: 2729 HK) provides robots for intralogistics operations, with systems used in storage, sorting, and transport. Its portfolio includes multi-directional shuttle robots, autonomous mobile robots, and conveying and sorting robots. Planned uses of IPO proceeds include research and development, expanding product capacity, brand promotion and business development, working capital, and strategic acquisitions.

The scheduled listing date on Hong Kong Stock Exchange was March 24, 2026. The proposed offering comprises 36,800,000 shares. The base offering would represent HKD 750.68 million, approximately $95.65 million in gross proceeds, excluding any unexercised over-allotment. The indicated IPO market capitalization is HKD 7.02–8.73 billion, approximately $0.89–1.11 billion.

CITIC Securities and Guotai Junan Capital are joint sponsors.