IPO News | "Smart Mobile Robotics Solutions Provider" Amicro Technology has launched its IPO, with a planned listing on November 12. The subscription amount for one lot is HKD 5,848.4.

Futu News reported on November 2 that, $AMICRO (02065.HK)$ the company announced an offering period from October 31 to November 9. It plans to globally offer approximately 71.687 million shares and expects to list on November 12.

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Company Overview

Amicro Technology is a robotics technology platform primarily engaged in providing smart mobile robotics solutions, including inertial navigation robot solutions, single-modal robot solutions, and multi-modal robot solutions. The company's Amicro smart mobile robotics technology platform is centered around proprietary robot algorithms and dedicated SoCs, complemented by various sensors, motion control modules, SDKs, and toolchains.

The company's self-developed SLAM SoC and algorithm library are designed for various application scenarios, covering the entire process from perception and mapping to motion control and decision-making. As a dedicated SoC serving as the 'intelligent brain,' it deeply integrates edge-side AI algorithms, breaking through the computing power bottlenecks of general-purpose hardware to achieve an optimal balance between performance and power consumption. The company's accompanying proprietary customized sensors achieve parameter-level synergy with the algorithms. This design eliminates common performance deviations between third-party sensors and algorithms at the physical layer, thereby enhancing environmental perception accuracy.

Financial Overview

For the years 2023, 2024, and 2025, and for the four months ended April 30, 2025 and 2026, OneMicro Technology's revenues were RMB 206.0 million, RMB 285.8 million, RMB 406.7 million, RMB 86.1 million, and RMB 129.7 million, respectively. For the same periods, the company's R&D expenses were RMB 106.3 million, RMB 115.1 million, RMB 132.6 million, RMB 33.9 million, and RMB 57.0 million, respectively.

Use of Proceeds

Regarding the use of proceeds, OneMicro Technology expects the net proceeds from the global offering to be approximately HK$673 million (assuming the over-allotment option is not exercised and calculated based on the mid-point of the offer price range of HK$10.43 per share). According to the prospectus, OneMicro Technology intends to use the funds raised from the global offering for the following purposes:

Approximately 70% will be used over the next three years to strengthen the company's advantages in software, hardware, and AI SoCs, focusing on embodied intelligence, advanced perception, and execution, thereby consolidating and expanding the company's technological leadership; approximately 10% will be used to expand domestic and overseas markets; approximately 10% will be used for strategic investments and acquisitions with synergistic effects; and approximately 10% will be used as working capital and for general corporate purposes.

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Edited by Joe

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