According to disclosures from the Hong Kong Stock Exchange on August 24, UDI Robot (Wuxi) Co., Ltd. has successfully passed the listing hearing for the Main Board, with Yinfeng acting as its sole sponsor.

As detailed in the prospectus, UDI Robot generates revenue primarily through the sale of robot products and modules, the provision of AI vision model solutions for industry applications, as well as RaaS and leasing arrangements to commercialize its technology. The company's core product lineup encompasses the UDI Xiaomei series for indoor delivery and guest guidance, the UDI Xiaodi series for heavy-load indoor delivery, the UDI Xiaoge series for on-demand delivery in enclosed settings, the UDI Xiaogu series for indoor and outdoor cleaning, and the UDI Xiaofeng series of vending robots for unmanned retail applications.

Examining the industry landscape, the global market for commercial service robot products and solutions expanded from RMB 3.0 billion in 2021 to RMB 4.8 billion in 2025, reflecting a compound annual growth rate of 12.6%. Projections indicate this market will continue to climb to RMB 13.5 billion by 2030, with a CAGR of 22.9%. Within this sector, the global market for commercial delivery robot products and solutions grew from RMB 1.9 billion in 2021 to RMB 2.3 billion in 2025, representing a CAGR of 5.8%. Over the next five years, this segment is expected to reach RMB 5.4 billion by 2030, at a CAGR of 18.1%.

Meanwhile, the global market for commercial cleaning robot products and solutions saw growth from RMB 600 million in 2021 to RMB 1.5 billion in 2025, a CAGR of 24.6%. This market is forecast to keep expanding, hitting RMB 6.0 billion by 2030, with a CAGR of 32.6% between 2025 and 2030.

Turning to China, the market size for commercial service robot products and solutions increased from RMB 1.3 billion in 2021 to RMB 2.2 billion in 2025, a CAGR of 14.8%. Looking ahead, this market is anticipated to accelerate, reaching RMB 7.1 billion by 2030, with a projected CAGR of 25.9% from 2025 to 2030. The commercial delivery robot segment in China rose from RMB 1.0 billion in 2021 to RMB 1.3 billion in 2025, marking a CAGR of 7.1%. It is expected to grow further to RMB 2.7 billion by 2030, at a CAGR of 16.3%.

Similar to the global pattern, China's commercial cleaning robot products and solutions market has grown rapidly, expanding from RMB 200 million in 2021 to RMB 600 million in 2025, a CAGR of 39.1%. Over the next five years, this market is set to grow at an even faster pace, reaching RMB 3.4 billion by 2030, with a CAGR of 41.0%.

On the financial front, for the fiscal years 2023, 2024, 2025, and the first three months of 2026, the company recorded total revenues of approximately RMB 244 million, RMB 267 million, RMB 318 million, and RMB 76.5 million, respectively. During the same periods, the company incurred net losses of roughly RMB 251 million, RMB 151 million, RMB 111 million, and RMB 31.2 million, respectively.