NewTimeSpace丨Aiming to be "First Logistics Robot Stock," Galaxis Technology Files for HKEX Again
Galaxis Technology has re-submitted its listing application to the Hong Kong Exchanges and Clearing Limited (HKEX) in recent days. According to data from Frost & Sullivan, based on shipment volume in 2024, the company is the largest supplier in China's Very Narrow Aisle Autonomous Mobile Robot (VNA AMR) sector, with a market share of 19.3%. The prospectus shows that the company recorded an operating revenue of RMB 721 million in 2024, yet it has not achieved profitability during the reporting period, with a significant cumulative loss.
Recently, Zhejiang Galaxis Technology Group Co., Ltd. (hereinafter referred to as "Galaxis Technology") filed a prospectus with the Hong Kong Stock Exchange for a Main Board listing, with Guotai Junan International and CITIC Securities as joint sponsors.
New Spacetime Research learned that this application follows the expiration of its previous filing on June 25, 2025.
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