Beijing Yunji Technology Co., Ltd. has officially commenced trading on the Main Board of The Stock Exchange of Hong Kong Limited under stock code “2670.” The company’s shares experienced a robust debut, peaking at HK$142.80 before closing at HK$120.50, reflecting a notable increase of about 26.05% from the initial offer price of HK$95.60. The total trading volume for the day was approximately 3.23 million shares, amounting to a turnover of around HK$484 million.
In response to the enthusiastic market reaction, a spokesperson from Yunji Technology expressed commitment to bolstering its commercialization capabilities. The company aims to explore wider applications of its technology, enhance product and service adaptability across various sectors, and expand its global reach while improving technological prowess.
Yunji Technology stands out as a leading robotics firm in mainland China, boasting a 99% deployment rate across the country. It has established itself as a benchmark for intelligence in the hotel industry through its fully autonomous learning system, which operates seamlessly from perception to feedback without human intervention.
According to a report by Frost & Sullivan, Yunji Technology is set to secure the top spot globally in 2024 for the scale of online robots within 3D space scenarios and user service count. The company anticipates a peak of 36,000 units in a single day, achieving an annual service volume surpassing 500 million interactions, while executing over 18.6 billion instructions monthly.
With over 34,000 corporate clients in its portfolio, Yunji’s service extends across various domains, including hotels, hospitals, factories, and commercial buildings, showcasing impressive capabilities in multiple industries.
In a strategic move, Yunji Technology has formed a partnership with Luxshare Precision, aiming to enhance their mutual global business ambitions. This collaboration is expected to bolster Yunji’s supply chain integration, enable cross-regional deployment, and foster ecosystem development. A company representative noted that the partnership will allow for further optimization of robotic solutions and a more extensive reach into international markets.
Following this market listing and the new alliance with Luxshare Precision, Yunji Technology is poised to drive technological advancements and enhance its global footprint. The company sees this as an opportunity to promote business growth, aiming for outstanding results while delivering long-term value to shareholders and society.
Beijing Yunji Technology Co., Ltd. is positioned at the forefront of the hospitality robotic AI market in China. The company specializes in offering sophisticated robots and functional kits, underpinned by AI-driven digitalization services. Its offerings include versatile robotic solutions designed to interact with the physical environment and streamline decision-making processes, ensuring that customers receive tailored, efficient service. The focus on developing an AI agent capable of autonomous perception and decision-making further underscores the company’s leading role in the industry.
