New IPO News | Kaile Technology (02729) IPO Subscription Highly Popular, Aiming to Become "First Stock of Full-Stack Intelligent Warehouse Logistics Robots"

Leading logistics robot company KAILUOSHI Technology (02729) is conducting an IPO from March 16 to March 19, offering 36.798 million shares, with a lot size of 200 shares and an entry fee of HKD 4,121.15. The listing is expected to occur on March 24. The IPO has received strong market enthusiasm. As of March 18, KAILUOSHI Technology has been lent HKD 1.967 billion in margin financing by brokers, with an oversubscription of 26.20 times, demonstrating investors’ solid recognition of the company’s investment value.

It is understood that KAILUOSHI Technology is one of the few domestic companies specializing in full-stack intelligent on-site logistics robots. Its core business focuses on providing products and solutions for all aspects of intelligent on-site logistics, establishing a solid leading position within the industry. According to Frost & Sullivan data, based on 2024 revenue, KAILUOSHI Technology ranks among the top five comprehensive intelligent on-site logistics robot companies in China.

Notably, KAILUOSHI Technology is one of the few global companies that master full-stack robot technology and possess a comprehensive autonomous R&D robot product portfolio. It is also among the few that achieve full coverage of core on-site logistics functions, capable of meeting all high-precision and heavy-load scenarios.

On the business front, the company’s full-stack application scenarios have achieved substantial incremental deployment. Relying on KAILUOSHI’s precise customization capabilities, the company’s applications have expanded from traditional warehouses to multi-floor warehouses, high-standard warehouses, and other facility types, extending from logistics to manufacturing sectors. This allows it to meet full-scenario handling needs and adapt to personalized logistics demands across industries such as automotive, new energy, and pharmaceuticals. This strong market adaptability is reflected in order volume: as of September 30, 2025, the company has served 861 clients across 29 industries, with over 1,600 projects implemented, including several flagship projects worth over HKD 100 million.

KAILUOSHI Technology continues to lead with its “Technology + Scenario + Ecosystem” three-pronged advantage, demonstrating a clear growth path. Its solid fundamentals combined with optimistic profit expectations have driven high enthusiasm for this IPO. As the first full-stack intelligent on-site logistics robot company, KAILUOSHI Technology’s future performance in the capital market is worth watching.