AMICRO (02065.HK): grey market opens at HK$15.00, up 51.52% from HK$9.90 offer price, 18C listing tomorrow

NewTimeSpace News: On 11 November 2026, grey market trading in Amicro Technology (02065.HK) began in the afternoon, opening at HK$15.00, up HK$5.10 or 51.52% from the offer price of HK$9.90. The Company's shares will commence trading on the Main Board of the Stock Exchange on 12 November 2026.

Founded in Hengqin in 2014, the Company is an intelligent mobile robotics technology platform provider built on self-developed robotics algorithms and dedicated SoCs, offering inertial navigation, single-modality and multi-modality robotics solutions. According to Frost & Sullivan, by 2025 revenue the Company ranked third among intelligent mobile robotics solution providers in China with a market share of about 4.2%, and is China's largest single-modality robotics solution provider (2.2% share), ranking third in the multi-modality market (5.9% share). Revenue in 2025 was about RMB407 million, up 42.3% year on year, with gross margin rising to 27.7%. About 70.0% of the proceeds will be used to strengthen its software, hardware and robotics-specific AI SoC capabilities, 10.0% to expand domestic and overseas markets, 10.0% for strategic investments and acquisitions with synergies, and 10.0% for working capital.