Shanghai-Based AgiBot Sets Stage for $6.4B Hong Kong IPO with Corporate Overhaul
- ByStartupStory | November 11, 2025
Chinese robotics manufacturer AgiBot, known for its humanoid robots, has recently undergone a corporate restructuring in preparation for an anticipated initial public offering (IPO) in Hong Kong next year. The Shanghai-based company shifted from a limited liability company to a joint stock limited company and changed its name to Zhiyuan Innovation (Shanghai) Technology. This legal move is typically required for companies preparing to go public.
AgiBot’s Hong Kong IPO is expected to target a valuation between HK$40 billion ($5.14 billion) and HK$50 billion ($6.4 billion). The company is reportedly working with major financial institutions including International Capital Ltd, CITIC Securities, and Morgan Stanley to lead the IPO. The company aims to submit its preliminary prospectus in early 2026 with plans to list by the third quarter of the same year. Sources suggest that AgiBot might offer roughly 15% to 25% of its shares in the IPO.
The IPO plan aligns with a broader trend among Chinese robotics firms like Unitree Robotics and Leju Robotics, which are gearing up for public listings as the industry shifts toward commercializing humanoid robots. AgiBot’s products, used in logistics, research, and smart manufacturing, are part of China’s national push to lead global automation and robotics initiatives, encouraged under government programs such as “Made in China 2025” and the Ministry of Industry and Information Technology’s Robot+ Initiative.
Backed by influential investors like Tencent and HongShan Capital, AgiBot has raised significant capital and developed advanced humanoid robots powered by proprietary AI software and motion control chips. The IPO will provide funds to expand production capacity, ramp up research and development, and create new product lines with AI-driven capabilities.
This move reflects China’s intensified efforts to boost automation technology amid demographic shifts and a competitive technological landscape against the U.S. The Hong Kong Stock Exchange is increasingly positioning itself as a hub for tech IPOs, especially in deep tech sectors like robotics and AI.
In summary, AgiBot’s restructuring and upcoming Hong Kong IPO plan signal its ambition to become a leading player in the global robotics sector by leveraging government support, strong investor backing, and mature technology capabilities to scale commercialization of humanoid robots.
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