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Futu News, June 24:$SEER TECH (06106.HK)$The allotment results have been announced: priced at HK$101.6 per share, a total of 10.4973 million shares issued, with each board lot consisting of 50 shares; the shares officially listed today.
During the public offering phase, SEER Intelligence received 5,934.56 times subscription. The final number of shares allocated to the public offering amounted to 2.0995 million shares, representing approximately 20% of the total offering. Approximately 222,900 valid applications were received in total, with around 38,687 applications processed. The approximate percentage of applicants who applied for one board lot and received an allotment was 5% of the total shares applied for.
Additionally, during the international placement phase, SEER Intelligence received 21.29 times subscription. The final number of shares allocated to the international offering amounted to 8.3978 million shares, equivalent to 80% of the total offering. Futu compiled the relevant data in the table below:


Company Overview
SEER Robotics is a smart robotics company centered on robotic control systems (i.e., the 'robot brain'). The company’s self-developed robotic control technology—its key differentiating advantage—forms the foundation for its intelligent robotics products. Leveraging its market leadership and advanced technology in robot brains, the company develops and sells robots, controllers, software, and accessories, delivering end-to-end smart robotics solutions encompassing development, acquisition, and deployment for real-world applications.
With deep expertise in robotic control systems and extensive data accumulated from thousands of industrial scenarios, the company enables integrators and end customers to more easily access intelligent robotics. It has built a broad customer base of over 2,000 integrators and end users across more than 35 countries and regions. To date, more than 2,000 robot models have been deployed via the company's platform, serving over 20 specialized sectors including consumer electronics (3C), automotive, automation equipment, new energy, semiconductors, construction machinery, and biopharmaceuticals.

Financial Summary
Seegrid Intelligence's revenue increased from RMB 249.0 million in 2023 to RMB 339.3 million in 2024, and further rose to RMB 441.9 million in 2025, representing a compound annual growth rate (CAGR) of 33.2% from 2023 to 2025. The company’s gross margins were 49.2%, 45.9%, and 47.4% in 2023, 2024, and 2025, respectively. Net losses amounted to RMB 47.7 million, RMB 42.3 million, and RMB 47.1 million in 2023, 2024, and 2025, respectively.

Use of Proceeds
Regarding the use of proceeds, SEER Intelligence expects net proceeds from the global offering to amount to approximately HK$995 million (based on the offer price of HK$101.6 per share). According to the prospectus, SEER Intelligence intends to allocate the proceeds from the global offering to the following purposes:
Approximately 50% will be allocated over the next five years to advance research and development in technology and infrastructure; approximately 20% will be used to build a multi-functional center integrating R&D, operations, assembly, and testing capabilities to strengthen the company’s intelligent robot development and scalability over the next five years; approximately 15% will be directed toward pursuing acquisition and investment opportunities along the robotics industry chain; approximately 9.7% will be used to establish a global sales network; and approximately 5.3% will be allocated for working capital and general corporate purposes.
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Editor/Vincent
Risk Disclaimer: The above content only represents the author's view. It does not represent any position or investment advice of Futu. Futu makes no representation or warranty.Read more
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